HCL HighCom Limited (Prev XTEK Ltd (XTE)
I've been accumulating this little gem since its float. From an issue price of 50 cents (3 weeks back), it went upto 90 cents, and is trading at 60 cents now.
I like the firm for the following reasons:
- Homeland security - an industry that is set to grow in Asia Pacific region in the next decade
- Significant industry experience in the Board, Senior management, and technical personnel
- Good product set and ongoing investments in R&D
- Dividend payout ratio of 40-50% of net profits
Anyone else in it?
Cheers