RED 1.52% 32.5¢ red 5 limited

Aurora results due soon., page-4

  1. 2,421 Posts.
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    Don't apologise - maybe a name change will do the trick?
    I remain impressed with the story and management, who remain quietly confident that the best is yet to come with the Darlot project, and if things go as hoped, then a re-rate should occur later this year. Institutions have it on their radar, and Hartleys and Petra Capital have resumed coverage, and issued (qualified) very positive reports, with share price targets above 12c .... the current low volume indicates that most are holding and insto's aren't yet buying. Obviously if the POG remains positive, and RED continues to achieve milestones, the SP will be multiple of todays by this time next year.
    Management has long experience and deep connections in the Philippines and believes that Diana remains a very valuable asset, which requires patience, to achieve full value for RED. Meanwhile, they could deepen their cred by planting trees by millions .....
    Last edited by MIStragic: 12/04/18
 
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