daytrade diaries... monday, page-72

MDT, standing out again, building on fridays close.

The fact that is has now trading at 14, the high of the last 3 day rally, as i thought, is building for something bigger.

NTA, some read as 1.05,

lets say they dont sell the 2/3 farm, (and no debt) as one of their restructure alternatives, but that they maintain their portfolio, but only trim it around the edges.

If the US leads the recovery, then supermarket properties valuationsin the US might have bottomed, then theres more upside to them keeping the larger entity intact, and so more upside for a recovery in MDT.

I valued the 1/3 version at 30cps, but if its just a trim to the assets, then there's a whole lot more in it.