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3,169.6 s&p/asx small ordinaries

The Brains Trust - 2016, page-9077

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ndpjai

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23

14/07/16

16:05

Post #: 18271018
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Originally posted by nine lives ↑

what is the catch here?? 3 mill profit after tax for the last half yearly in Feb which was a huge downgrade from earlier times....but just on those down graded figures that 6 mill NPAT for the year on a 10 mill MC stock. A NTA of 2.6c but an SP of only 1.6c. I know the mining sector has been falling falling falling and companies have had to get competitive. RDG has been doing a lot of cost trimming and staff lay offs so looks in pretty good shape on the surface.....and now with the upswing in base and PMs and Li one would think there might be at least a few more opportunities for MS stocks....so again I ask...what am I missing??.......

Where's 3500 when you need him??

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This is the exact reason watching from 0.008c and then lets invest at 1c. Yesterday around 6 million shares changed hands, suspicious. Last year was once in 20 years MS downturn. If you can withstand that, then you are in good shape. Waiting eagerly for half yearly or exciting new contracts, bang.
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