UMC
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0.00% $1.30 united minerals corporation nl

that is utterly rediculouse to assume 2H09 will be as strong as...

  1. JulesWinfield
    247 Posts.
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    29/10/08
    22:49
    Post #: 4445800

    that is utterly rediculouse to assume 2H09 will be as strong as 1H08. 1H08 was the end of an 8 year construction boom that will take 2-3 years of weakness to rebound from. Who is paying these chumps? Same as banking analysts in the US who estimate 2H09 bank profits will be 75% of peak profits in 2H06, they dont know how to downgrade.
    UMC Price at posting: 58.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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