BLY 0.00% $2.91 boart longyear group ltd

Hi,http://www.bloomberg.com/news/2013-09-03/rio-to-bhp-invest-244...

  1. nyn
    163 Posts.
    Hi,

    http://www.bloomberg.com/news/2013-09-03/rio-to-bhp-invest-244-billion-as-glasenberg-warns-commodities.html

    http://www.bloomberg.com/news/2013-09-04/iron-ore-shipments-from-port-hedland-increase-as-china-buys-more.html

    http://www.afr.com/p/national/politics/junior_miners_welcome_coalition_4y6n3riRN8vcdqNFDqOCqJ

    http://www.afr.com/p/business/companies/commodities_price_collapse_overhyped_Afowin4EpBaiWEt5rGNcxH

    Just some of other recent news. I mainly remain objective and focus on the numbers, then look at global data etc. and read trade journals. This is my style of investing, everybody is different. It is not like I am in love with Boart - far from it - once the price reaches my intrinsic value target, I will sell. Companies in this much trouble take at least three years to realise its full potential. I am only in because it is undervalued, and that is it.

    Thank you very much, and again, please do your own research.
 
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