mike...
Yes....looking good...buyers were loading up today and I like the MACD crossover. It's had a good little breather at $2.20
and more certainly has established a new level of support at 2.20 Short term resistance of $2.25 has been broken through today and could well be the continuation of the uptrend.
Regardless the Ord Minnet price target of $3.14 is conservative at a PE of 10. At a PE of 13 which is average in the market now would give a price target of $4. As I keep going on.....CUS now has consistent, predictable revenue as well as costs ( to a large degree ) therefore profit is predictable...therefore the share price over time will reach it's target. What are your thoughts what PE the market will decide upon for CUS in August 2010 ?
mike...Yes....looking good...buyers were loading up today and I...
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