SXE 2.56% $1.72 southern cross electrical engineering ltd

Ann: Change in substantial holding, page-16

  1. 2,368 Posts.
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    Slipshot,

    I must be stupid.

    On onehand you mention all the problems you know about based on your experience and the other issues you cannot comment about .

    In the next sentence you say it's a little overvalued. Your sentiment is hold.

    Surley if the issues you mention exist then you would not be touching this stock with a bargepole as the downside could be substantial and far outweigh the potential upside given the stock is currently a " little overvalued " in your calculations.( Your comment seems to infer that you are a buyer if the price " drops slightly. " )

    Why spend time posting about a stock you do not hold ?.
    Surely you could put your time to better use on something more likely to be profitable?

 
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