Very correct Vesupira,
Earnings falling and PE contraction can be very ugly!!!
Plus I am not buying the African excuse, looks more like demand for products are falling and if that is he case 2014 NPAT could be circa $30M. who knows!! with cyclical businesses you are just guessing but that is my best guess ATM. If that is the case the closing price is no bargain.
it will probably bounce next week but not with my capital.
Cheers
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Very correct Vesupira,Earnings falling and PE contraction can be...
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