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Gold/Mining/Energy : PLANVEST CAPITAL(CM OLIVER)

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To: sPD who wrote (55)7/27/1997 11:52:00 AM
From: MatthewZ   of 75
 
Thanks for the update, you've got me rethinking what I did.
Does anyone here follow Midland Walwyn. It was a sleeper for a while but has had really nice runup from about 12 to 18+. It's PE is around 11. If CM Oliver's PE was at 11 we would be looking at over 3 bucks. What's with this PE? - do people expect them to perform terribly this Q, was there some one time gains that were included? Has anyone contacted IR to see when earnings are going to be out?

From a technical standpoint it looks like OLV may have bottomed out at 1.25. I looked on Friday and there were quite a few orders to buy but few sellers, volume - low as usual. I don't have any sites for technical analysis on Canadian stocks but I'm sure relative strenght and stocastic indicators would be looking positive at this point.

Happy investing, Matthew.
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