TTS tatts group limited
Add to My Watchlist 0.00% ! $4.45

At its recent highs,the share price was fundamentally and...

  1. gsago
    1,044 Posts.
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    28/05/07
    17:39
    Post #: 2487797

    At its recent highs,the share price was fundamentally and technically overstretched.

    The subsequent correction has probably now run its full course and at around $4.70(ish) the stock is now once again good value with high earnings growth coming backed by an '08 dividend yield forecast of 5% (24c divvy fully franked).

    In summary, it was overbought...and now its really close to being oversold..... and I am buying!

    TTS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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