WLD
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1.49% 6.8¢ wellard limited

Report due 29th monday. profit for the 1H will be fine as the...

  1. tbecker101
    1,796 Posts.
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    28/02/16
    12:41
    Post #: 17136056
    Report due 29th monday.

    profit for the 1H will be fine as the vessels impact came early in the 2H.
    we will need a fix of the 2 vessels to see a lasting increase. If there were no vessels issues it would be trading around 1.30-1.35 ,where it was soon after listing. its p/e ratio is low considering the growth prospects, 2-3x current profit is feasible as demand is high.
    Last edited by tbecker101: 28/02/16
    WLD Price at posting: $1.08 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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