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mrcarter

507 Posts.

23/05/18

16:31

Post #: 33274699
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Originally posted by TheScorpion ↑

Thoughts on why this has had such a big drop in recent months? There has not been a downgrade.

Everyone is aware of the industry headwinds but that will tail off hopefully from July 1. The full effect of the increased subsidy won't be seen immediately but should provide a much needed boost to families and benefit TNK, GEM and MFD.

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Well I am not complaining. I like TNK’s management far more than GEMs.

I think another 6-12 months before we see any substantial upside.

TNK Price at posting: $1.70 Sentiment: None Disclosure: Held
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0 Great analysis

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