HDR hardman resources limited

can hdr do an all aristocrat leisure

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    Any like to draw a comparison between Aristocrat Leisure and Hardman .

    Aristorcrat was tracking along nicely in an uptrend a few years ago trading around $6 then lost a 50 million contract to supply poker machines in a previously touted company making expansion market , a string of bad news announcements and bagging from brokers , downgrades stop loss selling and next thing you know the stock was under $1 and totally unloved by the market you couldnt give the dog away.

    But the baby was well and truly thrown out with the bathwater the comany overpromised and didnt deliver as promised through a series of bad luck and bad management and more particulary poor communication to the market and shareholders , any of this sound familar to HDR holders.

    Anyway fast foward a few years to today and Aristorcrat has gone from under $1 to nearly $15 before the current softening with the general market.

    Fact is it should never had got to under $1 from $6 but market sentiment said it was a dog and it got mercylessly dumped only to stage a remarkable turnaround to provide a 15 bagger to anyone who saw the value at the bottom around 90c.

    Can HDR do something similar , well maybe not a 15 bagger but sentiment can change when we get a string of good news and some confidence in management returns.

    Lets hope HDR is the next ALL.
 
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