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26-10-2016, 09:29 AM
#9531
Originally Posted by Yoda
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 .
I suspect a number of people were shorting the stock until recently. The tone of many repetitive negative posts on here suggested some posters had a financial interest in talking the stock down.
That and uncertainty over the effect of extra competition going forward into FY18 and beyond.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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26-10-2016, 10:18 AM
#9532
oil price may have peaked short term adding to favourable air, good for air as there still in the black for hedging $2 maybe coming?
one step ahead of the herd
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26-10-2016, 10:33 AM
#9533
Originally Posted by see weed
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.
$2 by Christmas - not that I'm a blatant ramper but I seriously think we will be over $2 by the end of the week!
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26-10-2016, 10:41 AM
#9534
Last edited by Beagle; 26-10-2016 at 10:42 AM.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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26-10-2016, 11:02 AM
#9535
Originally Posted by Tony Two Gloves
$2 by Christmas - not that I'm a blatant ramper but I seriously think we will be over $2 by the end of the week!
And it's only a short week, so get in fast and grab a bargain. Bought another 14,000 this morning, new av price is now up $19,000.
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26-10-2016, 11:12 AM
#9536
Originally Posted by Raz
Only gained modest volumes in the 170s so lets see if we trade on a suckers rally:-)
No 'suckers' here Raz
No worries
When investors are euphoric, they are incapable of recognising euphoria itself
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26-10-2016, 11:35 AM
#9537
Originally Posted by bull....
held at long term support which also happened to be 50% fib support around this number as well , that consolidation breakdown was a fake out at the lows just need it to get back to 1.95 and ill be able to square out my capital loss and pocket the div - cross fingers
im out of my trading lot close enough to target 1.94, 1.95 is fib resistance etc etc so needs to get above there now I reckon for more advance looks stretched in the short term
one step ahead of the herd
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26-10-2016, 11:37 AM
#9538
Originally Posted by winner69
No 'suckers' here Raz
No worries
Technically the SP is still ways below MA50 and MA200 - so I think the chances for a sucker rally (or a dead cat bounce) are at least as good (or actually higher) than the chances for a trend change away from the still intact downtrend.
Not trying to pick on you - there are some others blatantly ramping on this thread ... and I guess it can be fun as long as people read this similar to the talk of supporters of one rugby team in a match ... one group of supporters is likely to be right and one group of supporters is likely to be wrong. You can't decide which team wins by listening to just one group of supporters ... and even listening to both supporter groups is no good.
Just worried about people who might base their investment decisions based on this chatter ... enjoy it, lough about it, read previous pages of this thread and look what happened with past "predictions" of some of the more active posters on this thread ... and take lots of care before you invest real money.
Discl: holding and watching very closely
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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26-10-2016, 02:19 PM
#9539
If this is a bad day on the market with a lot of red everywhere and AIR is in the green, then it just shows how oversold it was in last couple of weeks. Do prefer it to creep up 1c or 2c a day until it reaches it's fair value rather than a big jump like yesterday. Still good buying at this price with 10%+ yld.
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26-10-2016, 03:05 PM
#9540
(20/0.72) / 191.5 = 14.5% Gross Yield
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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