BUL blue energy limited

valuation, page-9

  1. 2,680 Posts.
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    Hecko,

    People are waiting to buy the dips in CSG at present, as am I although I haven't actually sold any as such.

    But volume is going to stay low for a little while.

    We've had the perfect storm (high oil, petronas/bg/shell, mass media coverage) in the past month.

    Sit tight and wait for buy opportunities like the rest of the pack.

    If it doesn't eventuate you'll do well out of existing holdings.

    BLUE (how were New South tonight....lol) are reasonably valued for now. Some announcement over the next 12 months will rerate this co.

    People will be getting in in the low 30's imo - which means this might not go much lower.

    It's a good stock to be in.

    cheers.
 
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