ORI 2.74% $17.38 orica limited

UBS rates ORI as Downgrade to Sell from Neutral, page-22

  1. 2,101 Posts.
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    I just find it a bit funny insofar as Orica's lowest share price in the last 5 years has basically been 17.50 and Orica has never posted a decline in profit from its previous years.
    Its a slower uptick over the last few years than normal but overall the business has shown itself to be very robust.

    Yet the way the price behaves you'd think all was doom and gloom. Anyways if it dips into the 18's I'll just buy some more.
 
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