TTY territory resources limited

Ann: Media Release/2010 Annual Report and Financi, page-7

  1. 10,824 Posts.
    re: Ann: Media Release/2010 Annual Report and... this stock is trading at a price:earnings ratio of 2... TWO !!!! it has to be trading at the lowest P:E of any company in australia. it should be a screaming buy, you'd expect it to be around 8 to 10. it shows that me, rocket, and stiki aren't the only people to think there's more to the turn around story than meets the eye. better management wouldn't be paying themselves bonuses they'd be getting the share price up by leveraging off production. theyd confidently be out there selling it on roadshows - if we need to raise money for anything i'd rather be raising at $1/share instead of 32 cents (da da da daa ... dddiiilllluuutiioooonnnn...) der... do you think kiernan would have sat back and put up with this share price. NO ! he'd have got a big cigar, got on the blower, and got some retail involved.

    really all it means is that the market knows there's no action going to happen at territory until noble have got there money back, every last red cent. then we'll see what support there is. $500 million from noble for a new aquisition - that reminds me of stuff that comes out of cows, brown, warm, and steaming (and i'm not talking the isle of white ferry).

    two !!!! 2 !!! someone's having a lend of us somewhere.

 
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