overvalued, page-43

Syndey pretty much every single point you make is redundant and it's all located right here in the HC MHM threads, but I'll tell you anyway.

1, Yes , from 30c--89c, no substantial shareholders come up.

Tightly held register can cause this, I'm not sure how this is an issue? Please enlighten me.

2, A broker report showing a 5--10 baggers SP target-----always comes at the top of the uptrend, ---always a signal of Capital raising.

Not sure if this is true at all, I'm sure there are several pump and dumps occurring on the ASX but it's the fundamentals that are driving this one. EPS of 8 cents next year, PE of 10 = 80 cents, extremely basic analysis of MHM.

RE: Capital raising, the chance of this is likely to be very low, management are very aware of the value of this technology and I'd doubt that they'd do all this work just to chuck it all away on a massive CR. If it's a tiny one for capital costs in America, then that's not really an issue is it?

3, RSI more than 90%---over over bought!!!

Technical analysis doesn't really work when the difference between price and fundamental value is this great. During the rerating phase of the stock, technical analysis is only useful for intraday analysis and perhaps not even that.

4, profit margin maybe much lower in US;

Maybe. Maybe the sun blows up tomorrow, maybe jesus comes back, maybe you stop posting on HC :). I'd think it'd be similar to Australia, it's illegal to dump waste, and MHM will take the waste and PAY the company money for it. Win win for both.

5, 2015 still far away, new technique may come up soon, should the landfill become concerned in US. ---7*

They've been trying to find a technique like this for the past 30 years. Highly unlikely that an entirely new more efficient method would be found. Once found it'd need to be proven small scale, and then larger scale. So if a newer more efficient method was found tomorrow, we'd still be ahead by a year or so.

Also MHM has the rights to two other recycling technologies, highly unlikely that they all get superseded by superior techniques.

6, currently, the next 2 years, the business is still not profitable, high uncertainty in the share market.

The business is profitable, I have no idea where you got this from. MHM makes 200,000+ a month from it's Moolap recycling plant.

(7, The technique to treat the AL waste is not new, industry know it long time ago, cost must be higher compared with existing Bauxite treatment---not really economical in other countries. Also the technique is not very advanced, if necessary, new technology may come up overnight.)

We can treat AL waste, but this way of doing it is much more efficient than traditional ways, it's the only current way of treating AL waste in which both parties can profit.

8, Similar story is CFU.

I was under the impression that CFU sells fuel cells and that we have aluminum waste recycling technology, and that these companies operate in very different industries, correct me if I'm wrong.

9, record high SP , record high risk, personally, I believe the SP will settle between 50c--60c range soon. The Tuesday open price must be lower than 89c, then start a downtrend to test 50c support again.

If that's your technical view, chuck a buy order in for 60 cents, I'm sure it'll be filled in no time :). I'll put in a sell order (hypothetical because I'm not going to sell just yet) at 1.20, whichever one is incorrect stops posting on MHM forever?

Just my view!

I think you should do an hour or two of research before you post ridiculous drivel which has been covered multiple times on HC. But that's just my view!

P.S. I'm 100% for open debate and differing opinions to mine, as long as they are fact based and thoroughly researched, your rant is neither. It's misleading to people who are new to MHM and just plain annoyance to the longer term investors in MHM.