tomorrows action, page-18

Topwon,
To tell you the honest truth I'm not sure at this point in time. When I invest I look at earnings one year from now so clear visibly with regard to MOL isn't so clear to me right now. Perhaps when they lock in the finance and I am able to analyze the Dec qtr cash flow report To get a better picture of their iron ore operations maybe then I can have a more informed view.
But this does not mean that the share price won't or can't go to $2 or $3 or even $1 in the short term.
I like MOL but feel it is still very expensive right now based on my investing criteria above. Everyone has different time horizons and different methods of valuing a company.
Cheers
Nic