WOR 0.81% $14.61 worley limited

wor - chart, page-26

  1. 2,892 Posts.
    There are 2 views on WOR.

    One from my team, these are the investors who seek out businesses which are market leaders, whom have an outstanding management team....that are constantly winning market share.

    And then there are your mates. The ascending triangle of the inverse trigonometric function says its a sell today. But if it goes higher tomorrow I'll be back in.

    Clearly, neither understands the other, never the twain shall meet.

    I bought in at $12.50, then added at $17ish, then doubled my holding at around $23. There is a lot to like about WOR. Pre GFC she was over $50, and was one of the only major top 100 companies to NOT raise $1 of capital from shareholders, hence there has been zero dilution of our shares.

    Look at the contracts we have won in the last 18 months...not many companies have been this consistant.

    My feeling is that later this year, the market is going to once again hold this stock up as a market darling...and she will rally strongly towards $40 plus. All of course IMO, but no doubt one of you chartist will tell me there is some moon rising which indicates a sell.

    Kiril.

    I hold.
 
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