overvalued, page-125

I must admit that there are a few investors/traders on here who have no idea how they are going to trade this share. I suggest those that don't know when they are going to sell, get a plan and get it quick!

I know that people don't have endless time to research, but if I could suggest this to you. If you do 45 minutes of research on this stock, you could quite possibly save/make yourself thousands of dollars. 3 things you have to do in this 45 minutes,

1) read the annual report(read the whole of the company update, don't worry about reading the accounting bit too much but make sure you look at the number of shares and options on issue)

2) read the broker report. There are some small discrepancies but it will give you a very good idea of what MHM is worth. I can tell you now, they undervalue this company.

3) do some quick sums on another 4, 200,000 tpa plants, one in both South Africa and Canada plus 2 in Europe. This IMO is the very very base case senario.

From these 3 steps you will realise the value of MHM. From there devise your trading plan to have no regrets, to feel confident in what you are doing on those shakey days and reap the rewards.

Finally, don't forget to re-evaluate your plan as it unfolds.