Thursday, September 2, 2010

Sing Post

Sing Post: Stock is just shy of 52-wk high at $1.17, and could be on the verge of a breakout.

We note that company has commenced its share buy back program since beginning August, with recent purchases carried out at ~$1.13 / sh.
Stock has consistently paid good dividend, and trades at FYMar11E yield of 5.4%. Likely beneficiary if interest rotates to yield plays.

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