OK….got it....I got my bonds at face value when they were issued....so for me....all good.
Cheers, RTM
Under $3 is buy more territory for me, bond conversion price under $3 could be weighing on the minds of some? PS-Nice move Beagle, your half sale was all right.
Its pretty sad to see them under $3 again. Really does make you wonder what with a national roadshow and all and they can't even hold $3.
The market values Turners at the current price,so that's where it trades.
It is for investors to work out for themselves, whether the market is correct or not.
Sometimes you can be wrong, and the market says you are right,while other times you are right, and the market says you are wrong.
The market always adjusts to earnings and dividend growth,[just can take its time doing so.].
This is why investing is so rewarding, and so much fun.
Couldn't resist to buy today some more given the good info in the roadshow and today's price. I guess if I want them, than its certainly more fun to buy them cheap - isn't it?
Bentley Motors celebrates a centenary soon
Here’s a cool history for those interested
https://www.bloomberg.com/news/spons...-UDAAAAAAFEANA
Sorry not on topic but is thread about cars
Unless they get even cheaper :eek2: Clear breakdown through the 100 day MA now. Every time lately someone is brave enough to put up a decent volume bid it gets smashed. Hmmmm, make what you will of that...but I for one am not feeling especially brave with this one right at the minute. Maybe it'll test $2.80 again ?
If it bounces at $2.95 the uptrend channel stays intact - and volume on the down side is pathetic. Less than $50 k went through today. So far I am optimistic, but sure - you never know.
Question is - if it breaks through the $2.95, how much further down can it go given the amazing fundamentals?
My bloodhound nose smells a rat.
1. Despite a fulsome national roadshow and being talked up almost ad nauseum it can't hold $3.
2. The split up of the Baker boys empire and distribution of shares to individual shareholders nominated accounts suggests there could have been fundamental differences in how those guys see Turners prospects and one could have been a major seller in recent times.
3. Every time in recent weeks anyone is brave enough to put up a decent sized bid it gets smashed.
4. The paucity of depth on the buy side is an ongoing concern.
5. Clear break down through 100 day MA
I give this even money on testing $2.80 again.
The Rainbow Moving Average thing on yahoo charts is pretty cool
And there’s a ZigZag thingie to .....TRA now in down zig or zag