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MRF

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theyoungster
Super Contributor
good value??
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5 REPLIES 5
Mr_Bean
Frequent Contributor
I topped up at R1.50, seems to be in an area of support R1.43-R1.55 August 2007. Then again, it was good value at R2.00, and prior to that R4.50 (DB)OMO
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G_G_
New Contributor
A PE of 5-6 should be good value, but who know's what happening to commodity prices?
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Mr_Bean
Frequent Contributor
Projected, MRF PE will be much lower than 5, making it very cheap. Problem is that if MRF breaks past closing price of R1.43, it could free fall down to R1.10.....I say I doubt this will happen, but in this market, anything is possible. Notice volume picked up around R1.50 today....MMMMMmmmm OMO
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Shaun_Siddall
Super Contributor
LOL 190c was good but 140c time to average down - long term hold.
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Mr_Bean
Frequent Contributor
R1.40 is great, but R1.10 even better...Not that I hope it goes that low, that would cause a few headaches.
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