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Thread: FXL Flexigroup

  1. #181
    percy
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    You must have nerves of steel.?
    I did note the new CEO's cv is impressive.
    Imputated Credits.For NZders.?
    Last edited by percy; 06-08-2018 at 07:48 PM.

  2. #182
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    Up above $2 just like that - if you'd brought at the lowest point yesterday, you'd already be up near 10%.

    Crazy how irrational the market can be.
    It seems I didn't have the powder ready in time to take advantage.

  3. #183
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    Well it ain't above $2 (although dam close), and it looks like the smart money is taking advantage before the big day (Tuesday 21st - annual results announcement)
    Probably won't be under $2 for much longer

  4. #184
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    I've said it once, I've said it a thousand times... "under $2 was always to cheap"

  5. #185
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    Pretty good value @ current price re $2.20(up 40c today) too. Hope the chart is a steady uphill trail from now on , its been a rollercoaster ride...
    FY18 Results Presentation

  6. #186
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    j_t ....you always said the full year was going to be a BOOMER and you were right

    It’s all upward from here eh
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  7. #187
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    Dyslexic mischief ehh, good on you TJ. Too many times the s/p has gone down after good announcements. im holding my breath and my inner sanctum self is quietly in a sassy bassy way advising me to sell. Always the hardest part ,the shelling.

  8. #188
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    While the Australian sharemarket recorded its worst session in five months with index heavyweights across the board closing the day lower, FXL finished up nearly 27%, closing off the day at $2.30, and actually smashed out a new 52 week high of $2.34 (actually this is the highest FXL has been in 16 months - wow!)

    Prior to market open, and shortly after results were announced, I asked on another form "why did the share price go down 50 cents again?" or words to that effect - the market gave me a pretty resounding answer and proved that such a move down was nothing more than emotional irrational panic.

    Fundamentally, and technically, FXL is looking very strong... next few days will be interesting to see what the brokers say and how the wider market reacts as the results are digested... But I suppose, at the end of the day, "under $2 [really] was always to cheap"

  9. #189
    percy
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    TJ.Well done for keeping the faith.

  10. #190
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    Morningstar has upgraded FXL 12 month price target a whopping near 40% to$2.65

    Under $2 was dam cheap

  11. #191
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    Beaut,its been a great week, some excellent results coming out from Aus. Bull mkt continues.

  12. #192
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    Time for another 10% plus ‘divie’ as share price sinks below 2 bucks again
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  13. #193
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    Quote Originally Posted by winner69 View Post
    Time for another 10% plus ‘divie’ as share price sinks below 2 bucks again
    How did you get to a 10% dividend? I thought dividend for the year was 7.7 cent so 3.4%?

  14. #194
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    Quote Originally Posted by Elles View Post
    How did you get to a 10% dividend? I thought dividend for the year was 7.7 cent so 3.4%?
    I did say ‘divie’

    The ongoing regular cycling of the shareprice between $2.00 odd and $2.20/$2.30

    Trading in other words .....like the dividend when you punt at the TAB ......as ‘investing’ on the shraremarket is just punting eh
    Last edited by winner69; 15-09-2018 at 12:22 AM.
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  15. #195
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    Ah, thanks for clarifying that. Yes nice idea if you can get the timing right.

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