LGD legend corporation limited
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Recently bought in at 41c. Significant tax loss selling, but...

  1. Angus
    2,218 Posts.
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    17/06/07
    19:59
    Post #: 2544536
    Recently bought in at 41c. Significant tax loss selling, but seems to be basing now, hopefully for a turnaround on any resaonable news. Still some risk, but if things stabilise and integration and new products gain traction in FY08, potentially on a very low PE (about 6). May well still pay a modest divvie for FY2007 providing cashflows still OK.

    angus
    LGD Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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