RES 0.00% $4.61 resource generation limited

macquarie private wealth research, page-2

  1. 1,352 Posts.
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    Hi Phil,

    Thanks for your post.

    I just loaded up at 46/46.5 and am now very long on RES.

    I was hoping it would come back to low 40's but it's been trading around this level for a while now so I figured I'd just get in before the herds from Macquarie etc jump in.

    With broker reports coming out from INDEPENDENT brokers, this is a very good sign IMO.

    I didnt used to pay much attention to Shaws' reports (whilst they were nice to read there is a vested interest there) but now with other brokers and research houses getting on board, this is very encouraging IMO.

    IWULA expected Dec 2011
    NEMA expected Jan 2012
    Transnet & Eskom agreements sometime between these hopefully. So it's just a matter of sit an wait.

    Whats a couple of months between mates... :)

    Fingers crossed.

    Cheers
 
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