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So after the 15% fall over the past month and the recent news that earnings will plummet and the share divident will be suspended... Is now the time to go long? I bought some call options - which means that I will find out soon enough.
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Does anyone know why OCE has been falling like a stone since Nov? Their latest set of results were extremely good (HEPS up 44%) even though revenue only increased by 3%. I'm considering buying OCE as a long-term investment (steady growth, good dividends, low PE) but want the price to stabilise first.
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