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80.0¢ mitula group limited

Best wait for the Annual Report in 2 weeks I have no doubt that...

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OMEGA MAN

1,154 Posts.

38

14/02/18

13:39

Post #: 31049626
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Originally posted by mcbombers ↑

Does anyone have any thoughts on how MUA will arrest the continuing slide in the SP?

It was good to see the SP hold yesterday after the rout on Monday.

Today its seems we are making the slow slide down.

I am trying to work out where the support is going to kick in and what triggers would actually help to move things upward? Unfortunately i cant see any clear indicators that will push the SP upward in the next few months. With this in mind it looks possible that an SP in the 30's isnt unrealistic.

Im trying to find a way to justify to continue to hold but struggling to come up with any good reasons as the market seems less than impressed with the earnings. Is it possible that without a prolonged track record of performance it matters for very little? And from my observations this is about the only thing going for MUA at present?

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Best wait for the Annual Report in 2 weeks
I have no doubt that the 2018 outlook will be the catalyst required for the shareprice to rise
In the meantime, accumulation is the name of the game
These are the times when the smart money accumulates
When shareprices are at massive discounts to Intrinsic Valuations
Load Em Up

MUA Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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