SAV 0.00% 0.3¢ savcor group limited

i believe this will take off very shortly,its an industrial...

  1. 681 Posts.
    lightbulb Created with Sketch. 15
    i believe this will take off very shortly,
    its an industrial share with global (mainly china) production and service to mining and mobile phone which i belive will both pick up very shortly.

    It floated 2 years ago for $2 dollars!

    signs of a price bottom and now in recovery.

    could easily run to 50c.

    this is what i wrote a month or so ago:


    i believe the profit downgrade and subsequent price crash is just a short term negative for the company.

    like hfa was, i believe market sediment is extrememly negative towards the stock at the moment.
    a typical sign of a bottom.
    i believe things will improve over the next 6-12 months.

    profit could return to 10 million + which will rerate the stock to 50+ cents.


    the stock is at rock bottom prices now and provides a good risk/reward situation.

    good luck

    anyone following this stock?
 
watchlist Created with Sketch. Add SAV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.