Agreed!
I have learnt from these expert reports over the years to make my own judgement and assessment. I have lost money because of these reports and taken action as I believed they were the so called smart money. The biggest lesson learnt was when I read numerous reports in March 2015, especially Morgan Stanley’s on FMG. They gave them a price target of $1.65. I note that their latest dividend was 75 cents and a dollar, which is more than the target price in that year (then add franking credits).
I do read these reports but now take a completely different outlook and remove the noise.
This is not investment advice, just lessons I have personally learnt and I have made far better investment decisions for doing so.
https://www.theaustralian.com.au/business/mining-energy/fortescue-may-need-to-sell-assets-morgan-stanley/news-story/d65c84fbd29b045e9c1dc5f5b392f40a
Good News & Bad News, page-36318
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |