I think the sp graph shows that the smart money figured out what was going to happen a month before it did - the jump in price in May. So, being on time with your evaluation wouldn't have helped you, only the early bird catches the worm!
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Volume up.
Share price up......Looks as though an 10 year all time high.
Must be a great result coming on the 23rd.?
Yes a modest amount,brought with the proceeds from selling OCA.
Record profit ...and F20 will be another record year
Full steam ahead now the floundering ship has been righted and got a good crew on board
http://nzx-prod-s7fsd7f98s.s3-websit...639/306027.pdf
Happy Percy ?
http://nzx-prod-s7fsd7f98s.s3-websit...639/306027.pdf
I am. I like companies that make stuff. Great results presentation.
Nothing stellar in the results...they are holding there own tho. Dividend up a wee bit, nice for us retired folk.
If they were to drop to around 2.00 again (where they were before Percy inflated the price) I would buy some more,
RTM
PS I do find this interesting
"Nexus acquisition in April 2019 • Results in line with expectations"
Been on the sideline watching, results "ok" in my opinion. Earning look good but revenue is quite flat. Probably wait on the sidelines for now....
Bit surprise there was no outlook.
Perhaps they will enlighten us at the agm.?
There is a 10.30am teleconference that anyone can call in on....I assume more information/padding will come from that...
Good respectable result. I like companies that have a specialist niche & a decent moat around them.
5% EPS growth is positive but not stellar. DPS up 18% is welcome but needs EPS to keep growing.
Supplying small but critical components to larger manufacturers is strong strategic place to be. Could be criticised for spreading itself thin across too many sectors. Innovation & responsiveness are key. Our av buy price is 1.38, so happy holders in a low interest world.
I agree with that, nizzy. I would think, though, that "spreading itself thin" is rather "applying its expertise wherever there are opportunities".