APG austpac resources nl

is there light at the end of the tunnel?, page-5

  1. 763 Posts.
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    Guys -

    While we wait for APG to commercialise...

    If you still have some cash, and are looking a solid, undervalued company, with strong prospects, that is ALREADY profitable and has just announced a profit upgrade (only for its share price to stay where it is) take a look at Cash Converters (CCV).

    A nice counter cyclical play here. I don't expect things to sky-rocket in the next month or so (particularly as there is no analyst coverage), but would expect a slow and steady upwards trajectory over the next year or so given recent performance.

    Cheers
    FG
 
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