When everyone is scared buy and when everyone is greedy sell, seemingly this motto works quite well. This company is brilliantly run, quite profitable and one of the best performing stocks on the market over the last 2 years. Yes it has has a tumble, which is to be expected with the development of Henderson, so what happens?? unfortunately for current share holders there is a good chance that the market will have unrealistic expectations of this company due to its incredible rise. So it could fall more and it is worth holding for most, however I personally see this as a great buying opportunity and will be buying more as this share has gone up over 6 fold for me and i am not going to quit on it now. Prediction for this share is 10.45 by the end of the year. US isn't hurting us to much either it will simply be the transition from malaga to henderson and the inherent costs and market expectations.
Value Holdings MCE, BHP Specs MRM MGX RAM
MCE Price at posting:
$6.83 Sentiment: LT Buy Disclosure: Not Held
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