Recent content by richard987

I have been looking at WFL lately and they look very undervalued even on conservative earnings assumptions. Richard987

Check the letter to shareholders today on MSC - looks very encouraging and suggests there is no basis for the recent sell-off except people taking losses before the financial year end... I think there will be a big rebound based on this letter in the next month or two.

There has been no news to explain the markets gradual loss of interest...so why conclude its a bad stock at these levels? Surely the cheaper it is the better. Management - if fat prophets like them, they must be doing an ok job of managing things.

hi sam, where can i get info about how the capital raising is going? cheers richard

lol yes it did sound existential now you mention it

In my opinion there's no difference between a bid at 0.073 and 0.076 if you believe the stock is way undervalued as its not worth risking missing the main trend for a small difference like that. And if its overvalued then there's no great difference either. Thats the way I approach these things...

Yes, its back up to 0.76 today so I think my last email was valid.

Volume is thin.. and I haven't seen the PR campaign start yet. Thats about all I can suggest, I've got no other new facts to go on from between 2 days ago and yesterday.

I notice there is a decent increase in the bid prices in MSC today.. wonder if this indicates the market is about to take note of MSC's PR campaign.

Horsham They seem to be doing everything they need to for the kaolin at present and the shipping delay situation has been fixed I understand - this was the last hurdle as far as I know from FatProphets analysis. They have appointed kaolin experts so everything should be ok in terms of...

Hi, MSC should get back up in a month or two in a big way once the market gets around to taking another look at this. Great potential here at current levels of 0.067!