ENN 0.00% 82.0¢ elanor investors group

News: ENN Elanor Investors Group Announces Sale Of Merrylands Property For $36 Mln, page-6

  1. 151 Posts.
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    Honestly who knows how short term prices move. A lot of the smaller/mid cap stocks can be 'ignored' by the market to some extent, where the underlying businesses can be performing really well but it's not immediately reflected in the stock price - however it will inevitably adjust as long the business keeps performing well. I believe on the aggregate small cap value stocks outperform any other class of shares by quite a few percentage points - implying they can genuinely be 'mispriced' (to varying degrees) in the short term. It seems to me that this current price is at least backed by tangible assets + growing FUM business that's not really priced into the current stock price at all. Just be patient with this one, but I honestly think there's a lot of value to capture here (just may take some time)
 
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