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Credit where credit is due. SKE has been hammered $1.75...

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ljcamp

630 Posts.

551

01/12/14

14:17

Post #: 14385312
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Originally posted by TeTeTe ↑

Hi ljcamp thanks for the reply
I understand what you are meaning and agree with a lot you say, you make some great points. However i have my own way of valuating something and and use quite a few technics to come up with my conclusions. I am quite accurate in general when it comes to price targets on individual stocks and have been doing this for my self for over 20 years. Of course i do not get them all right, but my accuracy is probably 80 to 90% in my favor. Time will tell if i get SKE right or not. I do believe that SKE will eventually be trading under $1.50, in line with my current bearish forcast, but no gurantees of course. Right now this stock is of my long radar, until my lower range is hit. Until then I will probably look for some type of shorting entry on the rallies only. Anyhow good luck with the stock, i do hope it goes up for you and i get it wrong, especially since i currently have no position anyhow. Cheers

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Credit where credit is due. SKE has been hammered $1.75

Currently trading on a P/E of 7.3.

I think they will feel the effects of the the minning slow down, but i think now its oversold and fantastic value for money. The company has ticked a lot of boxes in the past 3 years.

SKE Price at posting: $1.78 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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