BLY 0.00% $2.91 boart longyear group ltd

up 47c in 5 days, page-14

  1. 1,098 Posts.
    pcockley, "well the rally shows no signs of abating"... yes, it does. Hoping that it is nothing else than BLY taking a breather.

    acecant & others, I 'd like to feel comforted by your postings and the new price targets put out by CITI, McQ & co... Unfortunately, this is not the case. It really seems to be the case of extrapolating the trend of the last few weeks.

    Have they susbtantiated their re-ratings ?

    acecant, I agree with what you say about BLY, debt free, etc. and we all know that. The key question is what is it worth ? Their financials are going to get better and better, BUT this is already priced in the current sp, otherwise the current PE wouldn't be 55.

    I 'd love to keep holding, which is what I am doing, not sure for how long....
 
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