LCEY exit...can an expert recommend?

FIRE123 · 1 LCEY exit...can an expert recommend? Tue Apr 12, 2011 1:52 pm

FIRE123

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can anyone here recommend an exit figure for LCEY ? Very Happy

mono · 2 Re: LCEY exit...can an expert recommend? Tue Apr 12, 2011 2:08 pm

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just hold on to it. it might loose about 5-6% in the next few weeks but eventually it will rise above 600

dhamm · 3 Re: LCEY exit...can an expert recommend? Tue Apr 12, 2011 3:37 pm

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mono wrote:just hold on to it. it might loose about 5-6% in the next few weeks but eventually it will rise above 600

mono,
I think last qtr results might not be attractive as Dec Qtr results. How that will affect the share price?

mono · 4 Re: LCEY exit...can an expert recommend? Tue Apr 12, 2011 4:51 pm

mono

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dhamm wrote:

mono wrote:just hold on to it. it might loose about 5-6% in the next few weeks but eventually it will rise above 600

mono,
I think last qtr results might not be attractive as Dec Qtr results. How that will affect the share price?

That's obvious, as LCEY earnings are cyclical. But you'll see that their rubber plantations doing well this quarter, and there is still a commodity boom going on. Also people have started plating for the next season early this time, so you might see some additional revenue from thier chemicals department.