LGD 1.75% 29.0¢ legend corporation limited

Yes, I have been eyeing it for a possible trade, as looks cheap...

  1. 1,497 Posts.
    Yes, I have been eyeing it for a possible trade, as looks cheap now and a lot less risky than it was. Only thing holding me back is that the outlook reads as though FY10 might be worse than FY09 and most certainly worse at HY.

    In general, I try to avoid buying stocks where the near term outlook is worse than pcp.
 
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