BCA baycorp advantage limited

***results outstanding. should soar further*******, page-2

  1. 3,567 Posts.
    Hi Goblin,

    the result was better than expected but the market cap is still $400m putting it at a PE of around 20 (excluding one offs etc).

    My broker research has a sell recommendation on the stock but this could change with this profit announcement.

    The chart looks okay with a bottom forming. Perhaps better to buy on a pull back?? Any ideas.

    Have to admit I don't know the company well at all but it's probably worth looking into.

    Cheers,
    Munch.
 
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