STS 0.00% 72.0¢ srg limited

OrmondThanks for the tip yesterday. I did some research and I...

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    Ormond

    Thanks for the tip yesterday. I did some research and I think STS represents best value in the mining services sector.

    I like it becasue it is cheap. Continuing earnings IMO will suprise to the upside. Very important to make sure that order book is around 200m. Also the director buying a swag recently is a good sign. If half yr profit comes in at around 5m watch this one run to $1.50-$1.75 before it takes its next breath. If profit is poor I think downside risk is 20% at most

    Trading at close to NTA, minimal debt and paying a dividend, I am very happy to hold at 90c. Picked up 35K today
 
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Currently unlisted public company.

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