re:Powerlan safety as well as gain fundamentals
PWR at it's present trading price (under 20c) in my book (yes bearish sector) (which can't get much worse--opinion) offers safety as well as gain--for you have fundamentals to support the share price---this si a different way of thinking than say a momentum trade in a more bullish sector. The downside is known and overtime--when the selling pressure from the institutions dissapears altogether---the stock I believe will reflect more it's true value--which is more along the lines of at least 30 to 40c---on immediate earniungs for first half eps 1.6c---24c---including the second half---say around 39c. My view (and I'm sure many others agree) Cheers,--BK.
PWR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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