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worthylion

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worthylion

Re: Knowledge is King post# 48000

Friday, 04/27/2018 2:55:24 PM

Friday, April 27, 2018 2:55:24 PM

Post# of 113975
APWC KIK I have no news. Just languishing as usual with no drivers to spark buying interest. Don't think that recent offer to buy shares at $4 is meaningful because parent is majority owner. Earnings always unpredictable driven as much by FX, change in copper price, receivable writeoffs as by unit sales. They report a strong quarter and the share price could recover some, but I think this one is a classic example of a value trap.
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