BLY 0.00% $2.91 boart longyear group ltd

down to china town, page-40

  1. 683 Posts.
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    punters,

    my optimism has somewhat turned to cinicism over the past 6 months, and BLY has added to the change over the past week.

    still, with a market cap of $160M and a 50% fall in profits for 2009 equating to $80M profit, BLY is priced at 2x forward PE. So in light of the above, cinically, BLY is going bust, optimistically, BLY is the buy of 2009.

    best of luck to my fellow holders...and keep up the entertaining battle of words!
 
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Currently unlisted public company.

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