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25-10-2016, 04:17 PM
#9521
More like UK investors kick in, let's see how high they will kick to.
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25-10-2016, 04:49 PM
#9522
Member
Managed to get in at $1.85 recently, but I'll be comfortable with some fluctuation since I'll be holding medium-long term for the divvy.
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25-10-2016, 05:26 PM
#9523
Only gained modest volumes in the 170s so lets see if we trade on a suckers rally:-)
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25-10-2016, 07:15 PM
#9524
Junior Member
Thank golly gee gosh for that... thought id be selling the house the way it was going!
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25-10-2016, 10:03 PM
#9525
Has the reported net profit 2016 of $463 mil got any unusual extras in it compared to the 327 the year before ? The last 4 years has been steady growth, or is this year some false growth added ?
Did the issue with Virgin come into play here?
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26-10-2016, 12:12 AM
#9526
Originally Posted by stoploss
That worked see weed 1.815 - 1.89 .
Whats the next trade ?
Didn't think it would get there that fast. More and more buyers kept on coming all day. Am still buying,and will carry on until.....$2.10..$2.20....When are the TAers due to start buying?...2.10....2.20? All us GIBTA's can sit back for a while and ride the second wave up when the TA people start buying, or will some get in early and start buying in the 1.90's. I wouldn't be surprised see $2 by Christmas. Happy hunting out there.
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26-10-2016, 12:54 AM
#9527
Originally Posted by Yoda
Has the reported net profit 2016 of $463 mil got any unusual extras in it compared to the 327 the year before ? The last 4 years has been steady growth, or is this year some false growth added ?
Did the issue with Virgin come into play here?
The $463m included $143m of bad stuff (Virgin, settlements etc) so was really $606m.
Good eh
Last edited by winner69; 26-10-2016 at 12:57 AM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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26-10-2016, 08:19 AM
#9528
Thanks winner.
so EPS. Goes from 2012, $6.3, 16.5, 25.8, 30.9, 53.4 (inc after specials deducted) And the SP drops from $3 to under $2 ? That doesn't make sense. Why the sudden price drop on a profit of over 50% ?
I understand that this years profit will be a lot less probably .
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26-10-2016, 08:22 AM
#9529
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26-10-2016, 08:30 AM
#9530
Originally Posted by OldGuy
You just answered your own question
However, I know what you mean. The recent drop in SP does seem to defy the recent earnings growth. Fact is that the market can be volatile, and any whiff of bad news can see the SP fall far more than it should on the basis of fundamentals. Such volatility is largely a reflection of market sentiment, which in turn is largely driven by fear and greed. Welcome to the financial markets!
I bought in for two reasons, the price was low mid 170-180 as well i think their marketing and pricing strategy has improved of late, they are being smart in how they are holding up prices, selling packages from regional areas and matching low volumes discounts by their competitors. I expect a firm result.
Having said that i would be even more aggressive on their marketing with a focus on competitors weaknesses distributed via social media...
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