MLD maca limited
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buying mld

  1. eerrtt
    1,594 Posts.
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    27/04/11
    14:40
    Post #: 8317178
    Good arvo all,

    I own some MCE and FGE and have identified this stock as another value investment. A great ROE and order book building.

    The talk on the street is a commodity correction looming with hedge funds and US investment banks going short for next 3 months.

    However, I still see MLD doing well on increasing volumes, so am looking to buy in.

    It seems a safer bet at 2.40, than the other services stocks.

    Any thoughts regarding buying at this levels, or waiting for 2.00 during a possible correction??!
    MLD Price at posting: $2.44 Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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