MXG multiplex group

buy on dips, page-18

  1. 1,286 Posts.
    re: report: jb were says sell sell sell It is indeed a pity that both JB Were and Syringe did not call this a sell last week when the stock touched $3.60. That would have been a far bolder call.

    Syringe, with all due respect your calling of this stock is appalling. You have attacked it no less than twice previously and on both occasions you attacked it at the bottom at which point the shareprice rallied very strongly. Your call on other stocks such as VCR, HTW etc are to be commended but gosh, you must truely hate MXG by now!

    My suggestion is that when they finally offload Wembley this share will rally very hard. I read an interesting article recently in which one analyst predicted MXG to be one of 5 stocks likely to double in the next 5 years. Another was CGF which i have added to my portfolio.

    Selling MXG now probably isnt that wise imo. Wembley will be offloaded in the next few months and that should be the turning point. Although nothing is impossible and there might be some very short term downside still, medium and longer term the upside is far greater.
 
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Currently unlisted public company.

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