Hi QOH! Interested to hear why Arvida, what persuaded you in that decision.
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Announcement of record full year profits and saying they are on tarck to do far better next yeare
The share price will go gangbusters
If buying take tj's advice (and all those who bought up big on Friday) and buy Monday
Be $1.50 by end of the week ...and heading higher in June
Remember it was $1.36 odd not quite a year ago and things are decidely better now so share price has heaps of catching up to do
Arvida always a bit obtuse / vague with their guidance (not good) but reading between lines underlying profit $45m to $50m is likely
Should be way over $1.50 on that basis .....even more if they obtusely say 2019 going to be really strong.
Guarantee that revaluations must be a lot higher than projected and with what they have said about sales all that has to come out somewhere in the financials
That consensus target price on 4traders of 137 is before analysts knew how good things have gone
Just imagine what their revised targets will be next week after the expected good news
Wow