VMG 0.00% 0.1¢ vdm group limited

vmg look cheap at the mo?

  1. 847 Posts.
    Hello!

    I've been looking at this stock for a while, and I can't help but think that it looks cheap at the mo (0.39 at time of writing).

    It's currently trading at more than a 50 per cent discount to sector average earnings multiples and is seen as a strong buy from analysts at Reuters. An analyst at TheBull has it as a top stock pick for 2011. "Mining services companies are certainly ones to watch in 2011. Simpson forecasts 12 per cent full-year 2011 revenue growth and 16 per cent EBIT growth across small/mid-cap mining services stocks."

    It just looks good value at the mo to me? Or am I wrong?
 
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