low pe good div growth coal china & low sp, page-10

Yosef

I don't really value companies based on assets. The main thing i look at is earnings and cashflow. I believe IDL will increase in value but it may take time. If they reach their year end earnings guidence it will go to 50c easy.

Investors still are cautious about high levels of debt, but as people become more greedy again the tide will swing. People will be creaming for debt and no dillution

Anyway, it seems from a cash flow analysis that this company has heaps of cash to meet debt requirements. I think 35c is a floor with this one