VMG 0.00% 0.1¢ vdm group limited

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  1. DSD
    15,799 Posts.
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    I wish i knew. i bought in on the strong fundamentals of this company and the exe. FFr divs.
    Started at $1.79 and have averaged down.
    Yet something is not right. Based on the work available, track record, EPS etc... this should be about $2.00-$2.40 SP when comparing PE with other engineering companies
    Meanwhile i am holding on.
    If i had no exposure i would buy some at $1.50. VMG are duty bound to immediately report to the market any abnormalities. Hence, i am giving managementthe benefit of the doubt.
    Could VMG be a TOT at this low price?
 
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