I see no reason for muda to keep dropping, the fundamental is well and also the drop of profit mainly due to high taxes & lesser insurances compensation compare to previous year. Company is growing well enough. These few days all contra kakis..
Orna share price is around 1.2-1.3. Despite the company profit and size is lesser than muda atleast half of it. No reason to drop back 1.15 again.. the fall of profit only lower 3m compre to previous year which mainly due to high taxes expenses. Also insurance compensation from previous year is higher 3/4 compre to this year. The report tells you everything don’t get con by trader. Investor Shd look for long term return unless you are a trader..
Today market expected to rally in all fronts ! Just buy any under value blue chips or good potential profit companies like muda !!! I am definitely buying spree in all fronts again and also taking big profits !!!! Kikikiki
We're far more interested in cyclical companies that are well capitalized, that don't lose money at the bottom of the cycle, and whose peak and troughs are both higher over time.
We'd be less apt to buy setting like a capital intensive pulp and paper manufacturer, which bleeds money at the trough and when they do generate some cash flow, need to spend much of it on new or upgraded plant and equipment, or repaying borrowings.
Charles de Lardemelle
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kiryu88
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Posted by Kiryu88 > 2018-05-31 14:50 | Report Abuse
hit and run alrdy ...hahaha