I've just bought back into NCM after some months out ... They look very ready for a move towards $24 IMO - albeit perhaps via the "neighbour's backyard". I see their earnings estimates on Commsec for 2019 are substantially improved over estimates for this year's earnings.... No doubt about it their price action has been horrible in recent months. Such is the share market sometimes!
Gold also is looking really good on the monthly, in my view.
See what happens.
Kip
NCM Price at posting:
$19.72 Sentiment: Buy Disclosure: Held
