ASX 1.50% $63.53 asx limited

oasisman82best advice is find stocks making money that their...

  1. 239 Posts.

    oasisman82

    best advice is find stocks making money that their prices have been striped down on since august. They are the ones that will bounce back hard.

    for example, look at BUR, its trading at $15mil, however it is making about $10mil P.A and has $5mil in the bank.

    So blind freddy can see thats undervalued, especially when they are only 10% into their program and this revenue is just form the first 10% of their project.

    load up on stocks like that, when the market bounces back your shares will float up the top.


    another one like that and rated as a strong buy by comsec is AXI, they are forcasting it to have a earnings of 9.2c yet because of subprime its 30c so its going to make 1/3 of its makret cap. very cheap stock and there were a few reports of it having ap rice target of $1 which it was climbing to before august.

    just buy stocks in the money where there price is near book value or only one or two times higher than their income. these will take of when the buyers come back
 
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Last
$63.53
Change
-0.970(1.50%)
Mkt cap ! $12.31B
Open High Low Value Volume
$64.71 $64.80 $63.32 $24.41M 383.4K

Buyers (Bids)

No. Vol. Price($)
2 1431 $63.52
 

Sellers (Offers)

Price($) Vol. No.
$63.54 890 1
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