ELD 1.33% $9.14 elders limited

ELD General Discussion, page-298

  1. 804 Posts.
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    I hold ELD and I'm quite bullish on it. I used the recent share price drop to accumulate more because I think the company was undervalued even at 12$, so at the current price it's bargain. The fundamentals look solid, the industry is not going anywhere, the management is very good (I know the CEO is leaving but I'm sure the replacement he chooses will be very competent), and the price is very cheap - that is what I kook for as a long-term value investor. Oh and it pays a divvy as a bonus.

    Short term the price can drop even more (in which case I'm buying more), but I am counting on it to grow a lot from here.

    All just my opinion and not an advice of course. As always, DYOR.
 
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