smart money in lla.

I have been following LLA for some time and I feel that the company has been overlooked by the broader market and is currently undervalued. Following are the reasons why;

1) The company is profitable.
2) The company has considerably lowered gearing with long term financing in place.
3) Several large financial instutions (ie; smart money) have substantial share holdings in the company (Morgan Stanley, Australian Securities, HSBC, Perpetual). It is extremely rare to find a penny stock with such a pedigree of institutions still on the register. If they did not believe in the company they would have sold out a long time ago.
4) The company business is in Aquariums and Ski fields, which are niche markets and can be considered to have monopolistic qualities. For example, major cities only have one aquarium (ie; Melbourne, Bangkok).
5) With the current global recovery on the way it is only a matter of time before LLA assets will be re-rated.

Please free to comment….

Monty9389