SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jyoti sharma who wrote (2861)12/22/1997 11:01:00 PM
From: Paul Senior  Read Replies (1) of 78669
 
Jyoti Sharma: re copper stocks. I don't believe anyone can predict accurately copper prices next year. Analysts have recently downgraded at least two of these stocks - AR and CYM, and one fellow is predicting a further fall in stock prices about 10-20% from current levels I believe. Nevertheless, current stock valuations discount a lot of bad that will or could happen. I bought CYM today- I like that they are diversified (with coal), that they are paying off debt, and that they pay a good dividend - which I'm expecting will be cut. AR would also seem to be a good bet (in some ways --a better bet -g-) in which to start building a position. As you say, AR is at a multiyear low --in a couple of years stock will (or could or should -g-) be 50% higher. I don't see a deflationary environment that would really impair the long term viability of these companies. Paul Senior
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News