As a holder, I was pretty dismayed with AMO's recent guidance,...

As a holder, I was pretty dismayed with AMO's recent guidance, despite expecting a lower second half. Liquidity in this stock has been far worse than I expected following the sell down of the HNG stake, so selling out doesn't appear a reasonable option at this point.

Yet it seems second half will be pretty much nil profit or perhaps slightly negative. In this situation, I'd usually run for the hills (if I could).

The current choice is tricky - dump at a (possibly significant) loss at what still appears (at least superficially) to be cheap prices, or wait out the next 6-12 months hoping for a recovery. Unfortunately, the answer probably requires some specialist knowledge of the industry and changing trends or distribution channels.

So I'd be very grateful for any views, especially from those with an insight in to the products or industry.

So far (being the optimist I am), I'm leaning on the hope that a rush into 3D TV might bring a few more sales in the lifestyle segment - particularly of products like the Onyko 608 receiver which seems to be one of the first 3D compatible receivers to market. Perhaps also that the sales they were hoping for in the commercial project arm have just held over to next financial year rather than evaporated. Any thoughts?