XAO 2.08% 8,170.4 all ordinaries

Short Term Trading Week Starting: 25 Mar, page-36

  1. Mkr
    4,653 Posts.
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    STTCOMP EHL FA LONG
    Emeco Holdings Ltd
    Market Cap $655m

    Emeco (EHL) is the leasor of earthmoving equipment to the mining industry. The company’s current estimated P/E for 2019 of 9.1x represents good value.

    Should take a few months for the thesis to play out - but in my opinion it is a good risk/reward play from the current price.
 
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