ROB 0.00% 0.4¢ robe australia limited

Hi J8, I've been away and come back and see rob at such a sweet...

  1. 5,963 Posts.
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    Hi J8,

    I've been away and come back and see rob at such a sweet price, what has been happening on the ROB forum; this is a long term hold what's people saying? I bet the end of the world crowd has been crowing?

    Well just back from China and lots of good news for the coal industry. The world is teetering economically but china is booming.

    For what it is worth the people I spoke to look at Mongolia as a major Chinese asset. This is hot real estate and I don't think ROB would even consider this path without a high degree of confidence. I am still faithful and proud of this little company. Still think 4.5 to 5.5 in my opinion is a good long term haul.

    The market will jump before the announcement or after; for me it wont matter. The company is still on track, what J8 is all the hype about the end of ROB as we know it crowd?

    The Oppies are also looking good...

    ROB has the experience and the kingmakers but does it have the market manipulators confidence? ROB is Australia's 90th largest diversified financials company by market cap, closed unchanged at 1.30c - a good sign. Compared with the All Ordinaries index, which fell 15.6 points (or 0.4%) on the day...

    In the Australian market of 1,330 stocks and 52 units
    traded today, the stock has a 6-month relative strength of 92 - which means it is beating 92% of the market!

    ROB is oversold and has some negative indicators and if all you took was the bad news bears then you are in trouble, eject, eject! HA! On the flip side its fundamentals are strong, I predict for what its worth, that the market will go 'wait a minute! Ahh really we like Mongolia we just want to know what you know ROB!'

    I could list for everyone the actual negative indicators but what is the point? ROB is recovering from its new high, I expect something to happen soon, ROB is never boring.

    PS - All of this is my opinions only - DYOR! I can't tell you everything I heard and saw in China so I wont, all I can say is its good to be back! Hi to Wilson and J8 and Tim!

    PPS - Because I think this 'bears' mentioning (Pun Intended) - In the Australian market of 1,330 stocks and 52 units traded today, the stock has a 6-month relative strength of 92 - which means it is beating 92% of the market! Think for a moment about this...

    Kind Regards
 
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