PRN 0.50% $1.02 perenti limited

ASL has made a gain since the beginning of this thread but is...

  1. 136 Posts.
    ASL has made a gain since the beginning of this thread but is still amazingly trading below NTA. The market is pricing this as if the company makes less than its cost of capital.

    Yet the company keeps winning contracts!

    NTA is around $1.94 from last report.

    For a profitable company, it should trade at minimum the NTA.

    You all know my position on this. Bought more as more funds have become available after taking profits from my bank stocks after the last 6-ish months.
    Last edited by Modogodot: 03/01/17
 
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