Always better to believe what you read on sharetrading forums
Printable View
Where would Forsyth be getting informative information from to come up with their analysis is that behind paywall?
Its a simple choice.
Who are you going to believe ?
1. The company directors and management working at the coalface who released year to date financial performance that's tracking ahead of earlier guidance
2. An analyst at Forbar who has had a dim view on HGH for quite some time and does not appear to have updated that view for a range of emerging factors including but not necessarily limited to:-
a) Recent Covid Vaccine news and the possibility of widespread vaccinations in 2021
b) Success in by and large keeping Covid 19 out of the community
c) Improving business confidence
d) Lower than expected defaults
e) HGH stating they have not had to dip into their previously provisioned Covid overlay reserve.
I'm with ST team :)
Personally I wanted to move some of my OCA to HGH after Jan results so go team FB!
Suppose the analysts at Forbar get paid a fair bit ....$150k to $200k?
Quite a responsible and tasking job
That Chelsea seems highly regarded ..
Strong end to week with a $1.60 close .... highest close since share price collapsed when covid struck
Getting closer by the week to beagles target of $2.05
Close over $1.50 today?
That's at least back to what it was early March
I reckon the market will get a bit irrational and exuberant after Christmas and we will see $2.30 which would make it really overvalued
That'll be when real value investors will sell .... buy low (undervalued) sell high (when over valued) .....and then come back for more when sensibility returns and share price back to 180 or something.
Enjoy the next few months anyway ....unless Forbar are right and then we are for a big disappointment
Happy with the current sp...
HGH is my biggest income stock together with KPG.
Happy to get 8 to 9 c a year dividend per share n continue to increase.
Need a good income at current time..
Yes ,me too. it's good to be back @$1.42 in an old fave.Thought I'd missed my limit price ,but the contract note was late,so nicely surprised to see i'dcaught the rise.