sharetrader
Page 16 of 33 FirstFirst ... 612131415161718192026 ... LastLast
Results 151 to 160 of 322

Thread: FXL Flexigroup

  1. #151
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,696

    Default

    Volume is heading the right way, will wait till friday.

  2. #152
    Guru
    Join Date
    May 2015
    Posts
    2,601

    Default

    Back in the $1.80's with a 3.85 dividend well on the way... hopefully not long before we're back in the $1.90's (which we haven't been to since end of July last year!)

  3. #153
    Guru
    Join Date
    May 2015
    Posts
    2,601

    Default

    Back into the $1.90's just over a month later... some say it might even get to $2 by weeks end.
    Which weeks end, I am less sure about

    A finish at $1.92 (where it is trading right now) would make it the highest point since 1st August 2017 - that's nearly 9 months ago - and we've had 7.7c in dividends paid since then.
    Hard to believe not even 6 months ago you could have picked up shares at less than $1.50 - it seems Mr Market agreed that it really couldn't get much cheaper than a 6 or low 7 PE.

    I look forward to seeing a presentation by Flexigroup sometime in the next week.

  4. #154
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    Quote Originally Posted by trader_jackson View Post
    Back into the $1.90's just over a month later... some say it might even get to $2 by weeks end.
    Which weeks end, I am less sure about

    A finish at $1.92 (where it is trading right now) would make it the highest point since 1st August 2017 - that's nearly 9 months ago - and we've had 7.7c in dividends paid since then.
    Hard to believe not even 6 months ago you could have picked up shares at less than $1.50 - it seems Mr Market agreed that it really couldn't get much cheaper than a 6 or low 7 PE.

    I look forward to seeing a presentation by Flexigroup sometime in the next week.
    Next week for 2 bucks will be fine

    Not going too bad for an overvalued dog is it ..wonder how bad debts and the securitisation program are going
    Last edited by winner69; 26-04-2018 at 02:03 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #155
    Guru
    Join Date
    May 2015
    Posts
    2,601

    Default

    Quote Originally Posted by winner69 View Post
    Next week for 2 bucks will be fine

    Not going too bad for an overvalued dog is it ..wonder how bad debts and the securitisation program are going
    Overvalued dog? You must have the wrong thread.. it is quite the opposite!
    Something good must be leaking: very large rise on pretty heavy volume

  6. #156
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    Quote Originally Posted by trader_jackson View Post
    Overvalued dog? You must have the wrong thread.. it is quite the opposite!
    Something good must be leaking: very large rise on pretty heavy volume
    I am pleased for you.I noted the share price looking very strong in a jittery market today.

  7. #157
    Guru
    Join Date
    May 2015
    Posts
    2,601

    Default

    Well we did get to $2 by weeks end - except it was only briefly hit. That $2 mark some shares exchanged at today is the highest FXL has traded at in about a year.

    After yesterdays very strong rise, I had expected a bit of a pull back - but no, the share price eked out another gain.

    In just 5 days, the share price has gone from $1.70 to just under $2.

    Then again we all knew it was hard to get much cheaper than a 6 or so PE in those dark days barely 6 months ago when the share price was in the $1.40's
    Let's hope the presentation next week doesn't come along and ruin the party like it did last year

  8. #158
    Guru
    Join Date
    May 2015
    Posts
    2,601

    Default

    A strong start, both volume wise and price wise to the week.
    Great to see the market starting to value flexi a bit more "fairly"
    Then again, we all knew it was hard to get much cheaper... everybody had plenty of time to hop on board the turnaround, too much time even.

  9. #159
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #160
    Guru
    Join Date
    May 2015
    Posts
    2,601

    Default

    Quote Originally Posted by winner69 View Post
    Not the announcement was expecting (I was hoping they were presenting at macquarie conference like they have done previous years, but anyhow sounds not bad to me.
    And not bad news for flexi is good news with the way the share price is priced
    Maybe if it was back in the $4 then you'd need good news to be good news

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •