If the US surprises tonight I believe that it will be one of the last times in a while that you will be able to buy LEI under $30.
This company delivers time and again. Yes, high PE multiples but it's the mining contracts where LEI will outperform from here on. Happened over 2 years ago, will happen again.
One of the best companies over the last 10 years to deliver high returns on shareholder's equity.
I'm in at $29.51 with the readiness to buy again should it fall under $29.00
Few more contracts to be awarded over next 2 months..........my guess is that LEI will get a contract shortly that will make DOW's recent contract wins look small.
DYOR
Nic
LEI Price at posting:
$28.83 Sentiment: Buy Disclosure: Held