what is fair price, page-67

First 67 Last

Share
Profile

Follow
PatienceToWin

13,125 Posts.

1111

15/05/16

18:25

Post #: 17771778
Share

Originally posted by Melrosian ↑

Kunleesp

It depends on the level those with the bots and big money want the share price to be in the next month.
Expect the unexpected.?

What I can say is that nobody is disputing the probability that the ongoing underlying prudent est. PAT in the year to June 17 will be around $180m / You can add extraordinary PAT one off from NIHL /
to that you can add the effect of writing down WIP AND reducing case throughput by 15%. I wouldn't be surprised at $250M PAT to June 17 ( but of course £70M of that would be one off so exclude from forward PE Calcs).

SP is the result form lots of buy sell factors and Confidence. In the short term you can bet the shorties wont give up without a fight . If you are a punter trader good luck but thye are probably better at that game than you are. Shorties rely on weakness and they have had their fun . What would end their play could be a bunnie in the hat ( Ouch).

So - a month. Not a clue. Me I am waiting for 2018 although may take some profit in AUG and sit on cash or in oily stocks. By 2018 I expect it to have achieved what Redde achieved. Solid - no weakness.
By then possibly $200M PAT? PE 14? It would be worth the wait if my dots are well joined.

It is possible in GAPS to jump off the roundabout too soon, but you are master of your own decisions.

Mel

Expand

Mel when you said "although may take some profit in AUG".......what type of result are you Expecting in August?

SGH Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AHK

Ark Mines provides strategic update following mining lease submission

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

RCE

Recce progresses testing of gel to treat bacterial skin infections

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech