Glodyne : growing by leaps and bounds

As expected, Glodyne has performed very well. Mreover it has proved its investor friendliness by declaring a 42 % dividend and a 1:1 bonus. It has also entered into the education field by acquiring Broadllyne. It appreciated to 403 exbonus ( 806 cumbonus) before investors rushed to book profits. Still, the volumes are not sufficient to indicate a crash in the rice. Rather, I think manipulative forces might be at work, trying to hammer the price to enable their entry at a lower price.

The future outlook is bright. The q1 eps is around 10.25. If the performance continues on this track, we can expect a 50+ EPS for 2010.Aided by a few more acquisitions in the current year and by some more investor friendly announcements, like a 40 to 50% dividend for FY2010 and a stock split or another bonus could take the scrip to 1500 by sept 2010.