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$3.00 village roadshow limited

Bit more of a kick this morning

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509 Posts.

06/06/16

13:02

Post #: 17961515
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Originally posted by stlamc ↑

Five of 8 brokers covering vrl have a strong buy, with a sixth broker recommending more modest accumulate. The other two are holds. Broker consensus target price is around $6.50, so considerable upside if they read the situation correctly.

Brokers are well known for being wrong, but positive consensus estimates do predict fairly well.

I had been watching vrl for two years, and finally started buying over the past week or so. Largest order at $5.01, but wish i had been bold enough to throw in a second order around that price. Ended up chasing the sp over two days this week, eventually buying a fourth lot at a higher price point. Vrl has risks but seems priced in. Wouldn't be surprised if the sp rerates to upper $5.80s by August.

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Bit more of a kick this morning

VRL Price at posting: $5.36 Sentiment: Buy Disclosure: Held
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0 Great analysis

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Add VRL (ASX) to my watchlist