The only reason this stock is so deeply undervalued is its a PSU.otherwise this company trades at super low valuations. The stock trades nowhere next to its replacement costs. The company is also on a very aggressive debt reduction spree.
THe stock is at the box bottom and 200EMA, if it bounces from here it becomes a great value + technical buy. RSI also showing a +ive divergence.
Once the stock bounces its worth going long with a stoploss close to 103 or 105 depending on your risk appetite.
Ps: Markets are on the weaker side so allocations can be smaller.
THe stock is at the box bottom and 200EMA, if it bounces from here it becomes a great value + technical buy. RSI also showing a +ive divergence.
Once the stock bounces its worth going long with a stoploss close to 103 or 105 depending on your risk appetite.
Ps: Markets are on the weaker side so allocations can be smaller.