Sydney based iron ore business CIA rallied 3.25% yesterday but it remains well below a number of broker valuations even assuming iron ore stabilises around $US80/MT over the next few years. We feel the risk / reward favours the next 20% being on the upside but no dividend detracts from CIA’s attraction considering the high yielding nature of its peers.
scroll
Gerrish: The correction is done, we’re positioning for what comes next
Close
A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Close
Friday 9th May – Dow up +254pts, SPI up +3pts
Close
MM likes the risk / reward on CIA below $5
Add To Hit List
Relevant suggested news and content from the site

Video
WATCH
Gerrish: The correction is done, we’re positioning for what comes next
The Market Matters lead portfolio manager talks the recent recovery, Trump, gold, and why he thinks there's plenty of opportunities.

Video
WATCH
A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Recorded Monday 31st March

Podcast
LISTEN
Friday 9th May – Dow up +254pts, SPI up +3pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.