FML 3.70% 14.0¢ focus minerals ltd

morning f&byes, brokers and in particular analysts have a lot to...

  1. 84,190 Posts.
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    morning f&b

    yes, brokers and in particular analysts have a lot to answer for.

    I am continually stunned when a company is sold down after making eg. 70% profit increase but the sp is down because some dud head analysts thought it would be higher.

    Why the hell does anyone listen to them at all - they are almost always wrong!

    There are a couple of brokers and a few newsletters that I follow - and if you do the exact reverse of what they suggest then you win almost every time - amazing.

    I do look forward to the day when fml pays a dividend - I know dividends have their downsides - but it certainly would put a floor under things - which is a good thing from a management pov.

    After all a 4c stock paying a regular and growing 1c divvie is pretty hard to pass up.

    have a great day

    Pinto
 
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14.0¢
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Mkt cap ! $40.11M
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14.5¢ 14.5¢ 13.5¢ $12.79K 91.36K

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