Tag: ELD

The ASX 200 is starting to show some serious bullishness and is approaching the 6,000 point resistance level it so struggled to break since 2008! In bullish times like these what better than to trend a strong story that is not only trending technically, but is fundamentally cheap on FY17e multiples as well! This week […]

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ANSWER: ELD is currently in a sweet spot, with earnings on the up on the back of positive climatic and market conditions. In our opinion it is still inexpensive trading on ~9-10x FY17 earnings and we feel it has a fairly large scope for the share price to be much higher considering we expect the […]

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