ABY 3.64% $1.06 adore beauty group limited

aby getting set for a run, page-6

  1. 1,075 Posts.
    Bahaha I had a bit too much maybe, not even differentiating between 'n' and 'h' on a keyboard.

    That said, I think the Cu hype alone could make this baby run.

    I am bullish on Cu, just because of this hype. But then, I have my exit strategy in place when this mini-bubble bursts (IMO end of next year, after an inflated run mid next year due to a "shortage").

    A reasonable price is $2.50 IMO. It could be higher but we are a high cost producer and the DFS reserves aren't particularly out-of-this-world. However, we are producing, and the cashflow is great. The EPS, earnings ratio is insanely cheap, and we have JPM and the Indians as cornerstones.

    There's little chance of going belly up.



 
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