ELD 0.33% $9.20 elders limited

elders dump, page-18

  1. 1,750 Posts.
    Stocks168 said "Why so sure, jumper?"

    Im not sure. Ive got 5-6K of this. I dont really care what happens. I suspect that the stock will turnaround. Im a country boy and an ex shearer,this company has a presence on every high street in every country town in Australia. The wolves were certain the company was going to fail.......It hasnt, and it wont now.

    I had relatives working for the guys 60 years ago when they were Elders-Goldsbrough Mort ,so theres some sentimentality there. I think Elders will return to profitability but it all rides with the management. I know nothing of the management unfortunately. I do know that if we get out of this with our hides Im calling 12-24 months. If you jumped in this for a quick buck....youre a Nonce.
 
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