GYG 7.52% $27.42 guzman y gomez limited

World Class Pump and Dump, page-74

  1. 283 Posts.
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    I wouldn't even buy this at $10. Costs hidden at the IPO, a saturated market... and does it actually make money? Will it?

    When was the last time a company floated with actually half decent fundamentals? This growth story cr@p is wearing thin, how many times do the masses want to get burnt? Lofty wanky talk but show me some hard figures with a half decent bottom line.

    A general comment, Aussie companies do not do well overseas, especially companies that deal with different end users/customers. Cultural differences play a big role in the world market.

    For me, back to boring companies that pay fully franked dividends for now.

    (That aside I hope none of you get burnt too much).

    Have a good weekend,

    Ranga



    Last edited by Ranganuts: 21/06/24
 
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