Monday 28 July 2014

Charisma Energy Services Update

It's no secret that my largest holdings is in Charisma Energy Services.

Since my last post, there has been hardly any updates from the company.

The only announcement of note was in early May, about the disposal of Yew Hock Marine. Really very slow news.

As such, the price has languished around the 5c mark, which is really quite a stagnation of capital.

The main thing to currently look forward to is its Q2 or H1 results, which should be due in August. I would be expecting profit to be booked and subsequently an upward revision in share price.

Huat ah!

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