Hi SP500, I believe CEU is a good buy provided you have patience.....And will not need you money in the next couple of years. I believe the stock is valued at 45cents, So based on my calculations it is still a good buy. Growing traffic number's are very important, I cant see the stock getting any lower then 26cents. Although it has been steady around 30cents for the past few weeks.
If we have a bad recession in Australia CEU could fall to low 20's - However if we can avoid a recession, Or at worst have a very mild recession then I think we will be around 30 cents for the rest of the year.
CEU Price at posting:
29.2¢ Sentiment: LT Buy Disclosure: Held
