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The Company is a provider of trade information in print media, online media and face-to-face events, meeting the marketing and sourcing needs of its supplier and buyer communities.
Debt free with roughly 25% of its market cap in cash, Global Sources is being punished by expected gloabl and, in particular, Chinese, economic slowdown. Looks to nearing some strong technical support in the $15 zone; comfortable buying this mid-20 ROE company for longer term objective, although could easily drop a few more points over next two quarters - growth at reasonable price.
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