SAKARI RESOURCES LIMITED
Cons
High borrowings (refrain from investing too much)
Profit dropping since March reflected by share price dropping since March due to reduced demand from China & coal prices
High number of issued shares due to reverse takeover
Pros
Shares remaining constant in number now = high number doesn't really matter
Company is managing to produce a profit due to careful management of finances even in hard times
High dividends
Look out for
Multiple breakthroughs in share prices since June, possibly due to improvements in the China economy or adjustments in the coal/oil/natural gas market.
Possible price check estimation
Buy at 1.4-1.5
Sell at 2.5-3
EDIT: Cancel this watchlist item. Fresh information from remisiers.org has revealed a risk of competition bet. coal and shale gas which could result with a drop in coal prices.
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