WDC westfield group
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guys,if WDC drops again, it would be tragedy because it may be...

  1. goodfool
    46 Posts.
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    28/07/09
    22:21
    Post #: 5441321
    guys,

    if WDC drops again, it would be tragedy because it may be the result of possible revaluation of US portfolio.

    Last time, WDC announced offset the devaluation by strong US dollar. It is totally different now.

    WDC may devaluate for another A$4 billion because of weak US dollar from 0.72 to 0.82.

    However, the management MAY NOT devaluate this time because of the recovery of the economy.

    WDC Price at posting: $8.67 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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