By 4/5 AUD I mean AUD4 or AUD5. As one of thousands stocks MML is just a part of an entire universum. It has competition from a lot of other companies. So before MML can attrack other investors it must be able to offer something special next to of course a good management who knows what they are doing. Since the change last september, this is the case with MML. So what is the best item MML has to offer. This is in my opinion the low SP. This serves as the best buffer looking forward. A lot of other equities have already had a nice run in the last years, so the competition becomes less. The universum is also changing. Interest rates have been extremely low. But the end of this cycle is nearing. One day they will go up (and this can already be the case this year or otherwise in 2016) and eventually there will be another level of inflation. Inflation we all know is good for the POG and a higher POG will help MML to perform even better. So all the facts who where against MML in the last 2 years are changing for the better. A timeframe is difficult to predict but I prefer to invest in companies with good management with also other factors running into the right direction. Where this will end we will see in the next 2 to 3 years. This is also the timeframe I always work with.
MML Price at posting:
$1.02 Sentiment: Buy Disclosure: Held
