re: broker valuation matrix and school fees Dear Lilac
Thank you - I am actually 47 and have some of my own hair.
Just to provide something of substance - you may have noticed that broker estimates on MRE are getting close to 8 the real PE is still probably closer to 7.
An investment banking buddy of mine (also 47) said today (in discussing a realisation point for MRE) that MRE is still "well undervalued" and why would you sell it with this long term nickel supply demand imbalance.
What is the new target - probably $7-8 off the back of a steadily increasing these nickel prices.
With Inco and Falconbridge being taken out at a PE of 17 and MRE the cheapest of the 5 pure nickel plays in the world, it is certainly worth the attention of global investment funds.
Regards Eos
- Forums
- ASX - By Stock
- MRE
- re: broker valuation matrix and school fees
re: broker valuation matrix and school fees, page-2
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)