Dear Zinzan
Thank you for your kind comments, but there are a number of others who also provide some terrific comments.
Certainly, it does not hurt to set a target and live by it - nobody has gone broke yet taking a profit. The other strategy is to gradually enter and to gradually exit - I tend to follow this approach but also to increase exposure in proportion to my understanding and buy in of the business plan.
Minara is a stock I have put my mother in to for all the reasons I have set down in my previous posts.
As the Goldman's report of 6 October suggests, Minara is inexpensive. The case for further significant upside rests in the fact that the the Australian funds have not really bought in yet - the overseas funds have been far more objective in looking at the current PE of 6. In hindsight, it was less than 3 in May without debt - not exactly bad in a minerals boom!
Good luck with your future investing.
Regards Eos
- Forums
- ASX - By Stock
- thanks eos
Dear ZinzanThank you for your kind comments, but there are a...
-
- There are more pages in this discussion • 9 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 MRE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online