FGE 0.00% 91.5¢ forge group limited

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  1. 836 Posts.
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    Mannyww5 most of the squeeze has been in actual mine and mining management, engineering, maintenance, install and project planning and construction still carry plenty of fat. The difference between AAX and FGE is that FMG will give a little to make a project stack financially in order to pick up the juicy work,.
    Just my thoughts but I believe and based on my discount cash method of valuation that FGE is a strong buy under $5 and a moderate buy at $5.50
    Mac have a Stella long term record but the last 18 months have been very ordinary, please don't hold me to it but I think they were calling FMG a sell at mid 3s earlier this year
 
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Currently unlisted public company.

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