KAR 2.81% $1.83 karoon energy ltd

Morgan Stanley Reiterate Buy / 100% upside, page-61

  1. 159 Posts.
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    $4?? Good grief I'd be happy with $2 at this point.

    I think another reason to throw into the mix for the lacklustre move in the SP - Australia just isn't a progressive market - most people who are gung ho about managing their own SMSF just end up buying TLS and WES etc - there's just not the demand for companies that could have outsized returns albeit more risk - because they are happy to pick up grossed up divs from the big 4 banks/retail etc.

    And then Aus doesnt really get on the global insto radar - not the mid caps at least.

    I agree with the above - extreme patience required. It will come - albeit perhaps with an undervalued T/O approach because people don't see the wood for the trees....

 
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