GLB
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0.69% $2.87 globe international limited

Fair enough. I am holding  a 5 bagger and will hold on longer. I...

  1. Fike
    1,237 Posts.
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    30/10/18
    20:40
    Post #: 36321472

    Fair enough. I am holding  a 5 bagger and will hold on longer. I expect they will announce a profit of $5mil to $5.5mil in Feb for the 1st half compared to $3.5 in prior year due mostly to US not losing $1.5 mil.  The US$ impacting margins in UK/Euro and Aust will be partly offset as the US business will deliver more A$ rev and profit. Expect the SP will be well over $3 post results.

    I agree that lack of liquidity is an issue but strong div payments make it worth holding.

    GLB Price at posting: $2.40 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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