vaccines are changing the game for sure. we moved into asx yesterday on beaten down sectors.
DISC: holding ARG, GMT and KPG.
Printable View
vaccines are changing the game for sure. we moved into asx yesterday on beaten down sectors.
DISC: holding ARG, GMT and KPG.
KIP was held in several family trusts before the GFC.
we are overweight ARG, took profits on GMT and we are underweight KPG... we should have bought more (small holding only pitty).
but we are moving back into travel after yesterdays vaccine results. Travel sector is beaten down still.
Last sector to reflate.
Is this a trusted source? Doesn't paint a good picture for KPG.
Will KPG stock price crash?
According to our analysis, this can happen.
https://walletinvestor.com/nzx-stock...ock-prediction
The brokers still have a negative formal price, but I'd expect that to change over the next few months. The mid-April average estimate was $1.53. The current average according to marketscreener is $1.21. Really?, I don't believe the outlook now is 20% worse than it was when NZ was in L4 lockdown.
Also the investerwallet analysis has the same maximum price as the maximum broker estimate so there's a good chance its just a bunch of formulae doing discount calculations from broker estimates.
But then again, it may be right IF interest rates move up again?
Sp will be $1.40 next Monday