Hi guys
Latest comment added by huntleys to westpac and others
Recommendation Impact
(Last Updated: 28/02/2007)
We maintain our Sell recommendation based purely on high and unsustainable nickel prices. Red blooded speculators may hold for short term nickel strength but it difficult to see substantial further price gains from here. A PE approaching 10x peak earnings is not cheap.
Care to comment ( red blooded speculators ) ???
regards
vic
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