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25/11/10
21:37
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roger
Those that follow the herd can continue to do that. You and I and others here use our own opinion and research.
Stuff analysts. I have learnt many lessons the hard way.
They have multiple agendas.
Understanding what you are looking at is the most important thing. I understand rail and freight and the massive capital behind them.
Warren Buffett and international investors understand too.
$2.80 is dirt cheap. You start up a exact copy of QR right now and whats it going to cost.
4.5 billion dollars !!!!!! = current market cap.
I would suggest you double it at least. The prospectus saids net assets after depreciation is around $7.5 billion alone.
Lots of upside.
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