hi everyone
im quiet new to this website - infact this is my first post here - i bought 45000 nido @ .18 with a long term view (<12months ..i know its not too long but still long enough..lol) i havnt been following this stock for a long time but since i saw it - i liked it! read the annual report..price history.. found it quiet cheap - and heres my reasoning -
based on a eps of .72cents PE is less than 1.
started producing oil - oil prices risen from $35 to $60
getting steady orders -
looking for a strategic partner - next yr revenues should be more than 50million (5times current yr's)
and when they raised capital last yr - they sold shares at .50cents - now obviously when the investors bought the shares - they had long term view (oil was around $80) ..since then a lot happen but no change in nido's fundamental... in my personal view the share valus is around .60cents at a trailing pe of 12 and oil prices settling at $65.00
now board members i might be wrong and would appreciate any feedback -
also i trade through cmc markets and have a cfd trading account..jus out of curiosity does anyone trades cfd for this stock? thanks again!
cheers!
- Forums
- ASX - By Stock
- NDO
- re: is it a good investment?
re: is it a good investment?
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
|
|||||
Last
82.0¢ |
Change
-0.030(3.53%) |
Mkt cap ! $187.0M |
Open | High | Low | Value | Volume |
84.0¢ | 84.0¢ | 81.0¢ | $61.08K | 74.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7341 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 3829 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7341 | 0.810 |
1 | 7700 | 0.805 |
1 | 7500 | 0.800 |
1 | 5000 | 0.780 |
2 | 26000 | 0.760 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 3829 | 1 |
0.880 | 6000 | 1 |
0.890 | 7350 | 1 |
0.900 | 500 | 1 |
0.970 | 10000 | 1 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |