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21/01/09
09:53
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The question the begs to asked is - why would you want to buy API?.
One of their better years and all they give is $0.01.....WOW!
And they expect growth to continue this year. Now that is a brave statement as I dont think they have realised the FGC has hit big time.
With people worried about money and jobs, more unemployment ect the last thing they are going to do is splurge on items like what Priceline sell.
If they paid div like they have done in the past then it would be a buy, but 1cent.
My guess is that they know this year is going to be a shocker and they are keeping as much cash as possible to try and ride through the storm.
Thats my 1 cents worth.
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