pengana capital - m2 unrealised potential, page-5

mareke - I just picked up my first batch yesterday at $1.43 and plan build a holding of 200,000 over the next few months.
From all the research I have done this is easily a + $2 share with a 14 cent franked dividend by 2011. At these levels $1.40 to $2.10 is a 50% gain. I'm mindful that as quickly as the SP goes down it can go back up. Hopefully I can keep nibbling away. Same trashing has happend to CUS $3.30 down to $2.55 on low volume for no good reason except people freaking out and quitting the market before the interims. Kinda wierd for MTU and CUS because both reports will surpass market expectations but Market in a very nasty mood...JB Hi Fi released interims with 27% profit increase and 120% div increase and was rewarded by price opening lower at $20 and dropped to $18.75...now $19.32. A great report in this market at best may just stem the loss..just my humble opinion.
Could be a long road to $2 but she will get there...Im confident of that along with Hunter Hall and the NAB