Not long now (on 21/2/12) until we hear the full story on the following:
1) Full 2011 year earnings.
2) Increase in dividend payment to shareholders.
3) Guidance for 2012 year earnings.
The share price has been rising quite rapidly over the last month from a low of 2.840 to a high of 3.730, a rise of over 30%! Not bad for a multi billion dollar company.
Most have known for a very long time that BLY has been undervalued. It still is in my mind!
I'm expecting the numbers coming out for the 3 items above to exceed previous company guidance and maybe even market expectations.
A re-rating is currently under way by institutions who do enough background research to know in advance what might be happening on the books for large companies like these!
There is a very good chance we might even push the $4 price barrier by the end of FEB...
Anyway, good luck to all holders, happy to hear all thoughts good or bad, especially the bad if anyone has anything of note to be concerned about!
;-)
DamianWRX
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- 16 days until we hear full year 2011 earnings
16 days until we hear full year 2011 earnings
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