NAM 1.44% 68.5¢ namoi cotton limited

competitors, page-5

  1. 2,325 Posts.
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    I don't hold but considering buying. Surely the best time to buy these stocks that are sensitive to dought are when the sentiment is at its worst regarding rainfall? I think you just have to realise that the stock is risky because of this reason though. It will still come up with a pretty low p/e on what will be extremely depressed earnings next year, so this gives it a chance for being taken over, or if the weather does the right thing a sharp pick up in earnings, expecially considering cotton price outlook has potential too.

    The stock requires patience and only should be bought as small % of portfolio given the difficulty of forecasting earnings.

    Am also interested in others opinions..
 
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Last
68.5¢
Change
-0.010(1.44%)
Mkt cap ! $140.6M
Open High Low Value Volume
68.5¢ 68.5¢ 68.0¢ $108.9K 160.1K

Buyers (Bids)

No. Vol. Price($)
2 377176 68.0¢
 

Sellers (Offers)

Price($) Vol. No.
68.5¢ 8332 1
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Last trade - 15.51pm 06/09/2024 (20 minute delay) ?
NAM (ASX) Chart
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