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Thread: Tegel IPO

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  1. #1
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    Tegel hits 130 there must be some confidence out there.
    Last edited by Meextr; 03-07-2017 at 02:52 PM.

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    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by Meextr View Post
    Tegel hits 130 there must be some confidence out there.
    Yeah wishing I re-purchased when I had a chance ....instead funds gone elsewhere ....I'm sure there will be a few happy TGH buyers around with this bullish move of late
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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    Quote Originally Posted by JBmurc View Post
    Yeah wishing I re-purchased when I had a chance ....instead funds gone elsewhere ....I'm sure there will be a few happy TGH buyers around with this bullish move of late
    If they went into your MCR I am sure you won't be complaining.

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    FEAR n GREED JBmurc's Avatar
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    No different trading accounts but yes my ASX trading has been on fire of late....
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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    Quote Originally Posted by JBmurc View Post
    No different trading accounts but yes my ASX trading has been on fire of late....
    Today also it went up. TGH Closed at $1.290 on a volume of 1296,000 (appreciated by 2.38%).So far it is looking bullish.

    It closed in Australia 1.250 +0.070 +5.93%

    It is not a bad day for chickens and they outperformed the market.

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    I sold out today. I earnt back all the money I lost through the IPO so that was rewarding considering it was my biggest loss of 2016.

    Reason I sold out is I don't think TGH is worth much more than $1.30. They hit the very bottom of wide guidance. Haven't had any runs of the board and it's been a bit of a shambles. Shares are now out of Eskrow and there are plenty of risks. As a result I think a 20% discount on IPO results are fair. The short term upside at $1.30 is not enough for me to continue with the risks. Might buy some more if it drops below $1.20 again.

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    Quote Originally Posted by JeremyALD View Post
    I sold out today. I earnt back all the money I lost through the IPO so that was rewarding considering it was my biggest loss of 2016.

    Reason I sold out is I don't think TGH is worth much more than $1.30. They hit the very bottom of wide guidance. Haven't had any runs of the board and it's been a bit of a shambles. Shares are now out of Eskrow and there are plenty of risks. As a result I think a 20% discount on IPO results are fair. The short term upside at $1.30 is not enough for me to continue with the risks. Might buy some more if it drops below $1.20 again.
    I am guessing that was your plan all along, good effort turning the loss around.

    I think there is enough support out there for a continuing range above 130, what Affinity decides to do could break the bulls back so I am watching closely.

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    Senior Member hardt's Avatar
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    Quite a steep looking month, surely it is due for a pullback... happy if it hits 140 before then.

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    Topped up @127, will look at dropping 1/4 on Tuesday next week @133

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    FEAR n GREED JBmurc's Avatar
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    Should have held my lot ....darn it >>>
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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