Monday April 21, 2014


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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Range, Sefton, Qihang etc – Revenue and FREE cashflow

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- Tom Winnifrith

You know my views on all three stocks. More on Range (LSE:RRL) later but it is still a sell with a 1.5p target after today’s news. Sefton (LSE SER) at 1.16p remains a sell down to 0.1p. At 13p Qihang Equipment (LSE: QIH) is also a sell with a target price of 0.1p. But I note BB comments about these penny share dreadfuls which just nag on about production levels and compare that to the market cap and insist that I have got it all wrong. Well here is why the BB morons need to rethink – and incidentally this applies to all companies.

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