The Revolving Door..?
Welcome back Couta1.
Back soon Roger.?
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The Revolving Door..?
Welcome back Couta1.
Back soon Roger.?
perhaps the perception is we can only cope with one at a time? Oops, might be a zone of endangerment.
Roger is quite right - the charts take no account of the significant reduction of NTA caused by the special, and the ordinary divi; instead all the indicators etc build that in and give the impression its had a price collapse. Adjusted, we still have a series of higher highs and higher lows, if my eyes aren't deceiving me
That Taylor Swift pretty heavy on players, haters, heartbreakers and fakers but at the end of the day she just gonna shake, shake, shake, shake, shake and then shake it off
I think I'm in the heartbroken group at the moment
Attachment 8300
Here's the weekly log scale chart (the Tiger would beat me up if it was arithmetic), showing the 4-year bull run and clear uptrend. It also shows the breakdown and the new down trend lines, but not the H&S pattern which performed to text book (hat tip to Xerof and Hoop) and the current situation vis a vis the Fib's and the $1.80 and $1.35 supports mentioned earlier.
What this capital value chart doesn't show is the whole story, and a capital value chart never will (Snoopy taught me that), the part about the missing 'gross' value including dividends. This confines the chart to being useful for a new entry, a capital sensitive investor, or a medium term trader. But that's also why I like the weekly charts.
Wonder what this graphic will look like for FY2017
Starting off at $806m on left hand side to $500m on right hand side - must be some down bars
Irrespective of the components we know its likely to be $500m odd in F17 and that's factored into the share price at the moment (isn't it)
Like to see somebody come up with a similar graphic to show $300m for F17 - then we might be talking a share price of $1.50. Then we might understand why you are so down on AIR
But remember winner in 2015 at 474 million profit the share price was in the $2.50 -$2.70 range so at 500 million odd for F17, share price currently seriously undervalued aye. PS-Talk of 300 mill and corresponding graphs is a red herring mate.