Monday, 18 October 2010

QL

No doubt QL is a great stock, at least based on their growth and delivery so far. However, if you look at their share transactions for the past few weeks, instead of buying back shares to reward shareholders (via share dividend) as most companies do, QL has been disposing shares in open market and in the process made some decent profits.

Another interesting thing is one of their founders is also the founder of INTI college - can you imagine, move from education business into marine food, poultry and now oil palm !!

Still, have no doubt that QL will be a great stock, just won't buy them at this point of time.

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