Forum Archive Index - February 2001
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[sharechat] THL-latest
Unless there are some fundamental flaws in the Company we have not been
informed about, I see todays 39 cent (21.8%) fall as a fairly severe
over-reaction. The market has shown the dissapointed expectations from the
latest forecast profit down-grade. The last I read from J.B. Were was a buy
at around $2.80 with a DCF valuation of around $3.60 (Prior to the latest
down-grade)
Often a good time to buy (or sell) is during a market over-reaction.
I bought more today at $1.40.(Just regaining today's fall will return 27.8%,
but I do have a long term view)
Regards.
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