Molopo on "Your Money Your Call". Some of the points brought up included ~
The Bad ~ - No indication of downtrend stopping. - Look at any sort of bounce to get out. - Invest in something more stable. - Not recommending anyone to get in. - No earnings profile which is not good for the company.
The not so bad ~ - Lots of cash. - Great assets. - Share buy-back in place. - Intrinsic value based on asset and cash value, with no debt, looks cheap at these levels. - Looks oversold and probably should be nearer to the $1 mark.
Overall, they seemed either very negative or neutral on Molopo.
MPO Price at posting:
56.0¢ Sentiment: LT Buy Disclosure: Held