KZL 0.00% 12.0¢ kagara ltd

kookeboy,You reckon it could go to 32.5Don't mean to be rude but...

  1. 2,178 Posts.
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    kookeboy,

    You reckon it could go to 32.5

    Don't mean to be rude but you need to get off those drugs, they ain't doing you any good, you ain't thinking too straight.

    A number of brokers have a buy on KZL with targets of $1.50 to $1.60 don't know why they would have a buy on a stock if it runs a risk of more than halving. considering they are making $14m a Quarter at 32c they would be on a very good p/e and almost impossible to go to 32 unless there is a second wave GFC of immense proportions.

    you may rue the day you sold out of KZL, seems you have no stomach for investing, i held KZL since it floated and if i followed your charting system i would have sold out many times, i sat tight as i liked the fundamentals and reaped a $7.80 share price, bought myself a nice holiday home with ocean views, have now spent the last number of years building my position again and i expect a repeat of past performance, just need to sit tight and accumulate, i do not listen to doomsayers.

    Following your system i would have not bought Troy who were at one time valued at 60c yet had 80c per share of cash in the bank, sounds to good to be true but that's what happened. peoples charts were screaming sell, fundamentals were screaming buy. They made a quick recovery to $2.40 and the chartists lost out.

    This stock aint going to 32c unless there is another meltdown and in that case all will be smashed.
 
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