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Ultrasis - The Classic Turnaround

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Tradx666 - Thu, 30 Dec 04 :

maxbubble,

apologies for all on the off-topic!

I do, and I have traded it, and if I were currently I would probably be looking to go short soon, the dollars weakness will crucify it's profits imho, I think they are taking too long to move manufacturing to China - hence I suspect their cost base will further erode into profits (err, sorry losses!)...

I also question their core business i.e. the pressure on reducing the item cost is relentless, as is the pressure on margins, and i expect to see increasing pressure from leaner, faster Asian based manufacturing..

In fact, I wouldn't be at all surprised to see them give a trading warning in the not too distant future..especially as I'm led to believe that R&D is delivering what is expected..in terms of product innovation..

Sorry, wish I could be more positive about their prospects..why hav eyou bought now, are you just following the trend/momentum?

regards

T..


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