Patience required, page-35

Have been looking at this for a while since i got out early Aug. "with minimal pain".

I really cant get my head around how badly this is getting hit - it seems to be a bargain at this level as eventually the results of the newly acquired businesses will start to add to what i thought was a good company in a market that should see continual growth.

I use Ensogo often as i live in Thailand, in the last 3 or 4 months i have noticed a larger presence of Big Named brands some of which have only been with them for a few months. Additionally some of the major banks including CITI have started doing promos. Which indictaes that the Thai business for IBY is definitely growing.

I agree that coverage of IBY is limited but hopefully this will change.

BTW Armch - im not following you as i said had this one months ago .....



cheers