NAM 0.00% 77.3¢ namoi cotton limited

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  1. 1,214 Posts.
    Don't know, buk, but NAM's website says that it has around one third of the market for ginning, so it's doing OK.

    P/E of 5; Div yield of 9.4%; virtually no debt; its main product is rising and a shortage over the next 1 to 2 years is looking increasingly likely; its product will always be needed. Only problem is that it doesn't have much liquidity.

    I guess their heavy discount is due to the drought and being in an unpopular sector, but it's hard to go past their fundamentals.
 
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Currently unlisted public company.

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