Your advice is to get out before this stock goes belly up???
But ...."To be fair to Asaleo, I haven't done a detail study of its latest HY16 or FY15 reports; haven't bothered to look at its competitors and all that detailed analysis". But you have studied the IPO and you have studied the 2012 and 2013 annual reports. You have also published a blog on the IPO.
Your writing style suggests an agenda or an axe to grind, lacking credibility because of the lack of detailed examination of the latest information. Most analyst think $1.60 is about fair value based on the last report. A dividend yield of 6- 7% seems sustainable on current information.
Fear is a wonderful hook to motivate action especially when selling something.
The last report was indeed disappointing but a tad oversold. Buying in the $1.30s still seems a good buy with a 25% return in a short period. Your comments are interesting and the Dick Smith analogy both poignant and timely. I did not know Dick Smith was doing a 10% share buyback in the months before its failure???? but in you words, "I didn't bother to look"
Do the work you have said you haven't done, bother to look, and then post. You will have more credibility and this in turn will bode well for DangInvestor.
I did take this from your blog "Such belief lead us to one conclusion – the intelligent investor invest only in what they know; in what, after careful studies, they have come to appreciate." You posts on this blog by their own admission lack the careful study by not reviewing the market place and the 2015, 2016 financial reports along with a prognosis for the immediate future.
AHY Price at posting:
$1.65 Sentiment: Hold Disclosure: Held
