Homepage
PR Newswire
27-04-2012, 11:26 AM
As expected, market is being jittery and pessimistic.
CSE being sold down to 78.5c after Amundi selling down news. Averaging down opportunity is near.
No good news come with cheap price. I think 1H FY2012 will be the discomfort period if one wants to purchase CSE cheap.
Will be writing on CSE's substantial stakeholders (CAM & Amundi - their estimated unit cost) and also my view from the recent AGM - most likely after my exams.
Possibly waiting for 1Q result to be released by 11 May first before making a buy decision.
CSE being sold down to 78.5c after Amundi selling down news. Averaging down opportunity is near.
(25-04-2012, 08:11 PM)starbugs Wrote: I would suggest to wait until Q1 results are out before averaging down. The outlook statement in the full year results announcement mentioned about "slow start" to the year.
No good news come with cheap price. I think 1H FY2012 will be the discomfort period if one wants to purchase CSE cheap.
Will be writing on CSE's substantial stakeholders (CAM & Amundi - their estimated unit cost) and also my view from the recent AGM - most likely after my exams.
Possibly waiting for 1Q result to be released by 11 May first before making a buy decision.