If a company that makes almost 50% return on capital has almost...

If a company that makes almost 50% return on capital has almost no debt, is buying back its own stock with surplus cash flow and is one of only a tiny handful of Australian companies who are semi dominant in the world market not just here, Ill give up economics and financial analysis. If its a dog, its a dominant wolf.
What is the problem is the lack of knowledge and judgement of many share punters, I was about to say they would be better off at the races. But to be a punter at the races it is necessary to be able to read the form guide. If this business was a horse-it would be in the Phar Lap class. The market is not rational, but it never has been,so take advantage of the mugs. Theres one born every second.
I havent seen bargains like this in 20 years. Sell the boat. sell the house, sell the car and catch the bus and buy bargains in this market. When it comes good you can have double what you sold, at least! Its bl-ody raining opportunity right now! Not like a few months ago when there was almost nothing that wasnt overpriced.