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06/03/18
20:47
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Originally posted by mmoore1957
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I am continually researching companies and looking for investment opportunities. I attempt to take great care when valuing ASX companies and I am happy to share my work with other HOTCOPPERITES and use their constructive comments to improve the quality of what I do. I have researched GWR in great detail and when I see a remark like "massively undervalued" I want to understand how that conclusion was arrived at. I hope it is based upon a robust economic analysis of GWR's current & future prospects and will provide a good benchmark valuation for further discussion. That is NOT wasting time but the essence of how good opportunities are discovered. Unfortunately in GWR's case it appears this statement was just "hot air"and was made without any attempt at fundamental analysis. Poor quality work and to be ignored.mmm
Mmoore,
Love your independent dispassionate work. Recent price decline shows you to be on the money. Could I ask you to cash your discerning eye over IRC. I am a shareholder but the wraps are similar to GWR so would appreciate a reality check. Sorry about being off topic, good luck to all GWR shareholders.
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