Well, 13-14c is just around the corner, it could be even tomorrow. MDT is at the crossroads, will be rerated again, this time upward, so not sure that it would be easy for me to re-enter at the lower levels, and I do not want to miss my target this time. It could be to much effort for a quick profit. MDT is not very fluid either, so I am in for now for a higher gain. At the moment there are approx. 13 mil. shares available and that may disappear in 30 minutes. NTA 38c, if MDT returns tomorrow all the borrowing back by selling the malls, then NTA is grater than 20c. Did not do exact calculation but that is obvious to me.
CNP is 20c at the moment. How much they are really worth and how are they going to repay the loan is a mystery to me. Is CNP's NTA -$0.001? So I see value in MDT.
Cheers
MDT Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
