Molopo on "Your Money Your Call". Some of the points brought up included ~
The Bad ~
- No indication of downtrend stopping.
- Look at any sort of bounce to get out.
- Invest in something more stable.
- Not recommending anyone to get in.
- No earnings profile which is not good for the company.
The not so bad ~
- Lots of cash.
- Great assets.
- Share buy-back in place.
- Intrinsic value based on asset and cash value, with no debt, looks cheap at these levels.
- Looks oversold and probably should be nearer to the $1 mark.
Overall, they seemed either very negative or neutral on Molopo.
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