Folks bored over at ATM. Now powering up SML. Good to see it at $10.20. Onwards and upwards
New rating for Synlait, BBB. Beagle busy buying
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
This little spurt a bit higher is just the very start in my opinion and this remains compelling value for a high growth stock. I think we should easily eclipse $15 within 2 years...remember the dog barked it first. Patient pups will be getting a lot of milk.
Last edited by Beagle; 25-02-2019 at 03:21 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
This little spurt a bit higher is just the very start in my opinion and this remains compelling value for a high growth stock. I think we should easily eclipse $15 within 2 years...remember the dog barked it first. Patient pups will be getting a lot of milk.
I think this may even be a conservative estimate. This whole industry has significant tail winds. I think a pe of 25 with the demonstrated growth is more than reasonable. Looking forward to results in three weeks.
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