solid play

  1. 7,601 Posts.
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    I agree VMG is underpirced based on consensus forecasts and it makes a compelling option.

    Trend channel is quite clear and is at lower end of up channel right now.

    Only query is it may do a DEX and fall below forecats due to all the dilution. I assume this has been factored in by brokers but have seen these acquisitions not produce straight away before. Especially when taking over willy nilly, are they choosing appropriate buys or just reaching I wonder? Have directors given any profit guidance as this is the only thing I like to trust and if they havn't thats when you get a little edgy. Not always but worth monitoring.

    In the end if forecasts are correct dam cheap IMO and 50% will easily occur. Feedback welcomed.
 
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