uknighted...I was referring to intangibles but you are spot on. Actually bad debt write offs are an odd one for software companies. They supply a copy of the software and a bit of support cost so in reality the "write down" on bad debt is also a paper exercise. Its more a loss of profit than a real loss. Yep I know I am splitting hairs but its xmas...:)
INDOMIE....Its depends how much you want to buy. If its 1-5k, then wait and try to catch the bottom, or ride the next leg up. If its 25k+ then you need to keep an eye on the +/- trade volume balance since consolidation. Stock is as tight as the proverbial ducks a**. The sp may drift but when the mm's level the book this will bounce hard. As long term holders accumulate so the price spikes harder........And we are only talking about "potential" at this point, not news flow.
As to the figures justifying a further investment at this level, it depends if you are looking at last half or monies that will drop in this half. A very different ball game.
But if you want to dipense with "potential" entirely then I put some sp figs based upon fully diluted earnings on another thread.But this is a "fast growth" investment, not a mature "value buy"....The market just hasnt realised it yet :)