MOE 1.76% $5.21 moelis australia limited

re: out with the old-0848226 I wouldn't say I am entirely...

  1. 5,599 Posts.
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    re: out with the old-0848226 I wouldn't say I am entirely comfortable owning Moto with such a big holding but that's because of the potential local political trouble that might come about.

    Not sure why you are so nervous but don't worry about the fundamentals of the company the price has moved to its true value and is still undervalued.

    I believe the local political problems at the moment are stable and contained-the problem is if there is a hint of trouble it affects the price but in reality does not affect the operations-so it is emotion that drives the price down!

    Of course if there is a full scale war it would be different but even when there was trouble it was just small sporadic conflicts.

    Cheers
 
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