VET vocation limited
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The market has way over reacted to the settlement issue with the...

  1. noomxx
    8,200 Posts.
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    29/10/14
    12:59
    Post #: 14200404
    The market has way over reacted to the settlement issue with the DEECD.

    This is what can happen when a stock goes from market darling to the sin bin.

    But for those who are prepared to look longer term, the fundamentals for this stock are great. Its a growing industry, its not cyclical, and its not susceptible to economic headwinds.

    The financial effect is a one year earnings downgrade up to around 18%, but longer term its earnings stream will still grow.
    VET Price at posting: 98.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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