sharetrader
Page 64 of 256 FirstFirst ... 145460616263646566676874114164 ... LastLast
Results 631 to 640 of 2555

Thread: Comvita - CVT

  1. #631
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    Quote Originally Posted by sb9 View Post
    Could be the reason why its going up today.
    Probably

    Yesterday was just a storm in a teacup

    Seems all hunky dory with Comvita - next year will be fine (weather and financial wise) and a guy said on the radio this morning that Seadragon is going to add heaps of value.
    Last edited by winner69; 24-01-2017 at 10:31 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #632
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by Balance View Post
    Good on you Roger.

    I have learnt the hard way from years past that profit warnings do come in two's and three's. In this case probably more so as the CEO seems clueless as to how much the China market really means to the company's sales and profits.

    In the book 'Naked Trader', one of the biggest mistakes made by traders and investors is ignoring profit warnings. A profit warning means a company is in some kind of trouble or is having problems. Why take the risk just because the sp looks cheaper than what it was before?
    Thanks mate. I always appreciate you sharing your point of view with the frequent golden nuggets of information contained therein.
    Quote Originally Posted by sb9 View Post
    Could be the reason why its going up today.
    Early days. Some people think it must be cheap because it used to be $12.80.
    Last edited by Beagle; 24-01-2017 at 10:09 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

  3. #633
    Investor
    Join Date
    Jul 2014
    Posts
    5,643

    Default

    Quote Originally Posted by winner69 View Post
    Probably

    Yesterday was ust a storm in a teacup

    Seems all hunky dory with Comvita - next year will be fine (weather and financial wise) and a guy said on the radio this morning that Seadragon is going to add heaps of value.
    Hope so, by the way winner how about those bowling mates of yours who got in at $13 or so.....

  4. #634
    Member
    Join Date
    May 2008
    Location
    Auckland
    Posts
    115

    Default

    Up 5% after yesterdays knee jerk reaction. Obviously the Chinese shareholders see this as a buying opportunity.

  5. #635
    Member
    Join Date
    Oct 2016
    Posts
    82

    Default

    And the rest of us are wondering if we cut our losses and dump this stock.....

  6. #636
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    Quote Originally Posted by sb9 View Post
    Hope so, by the way winner how about those bowling mates of yours who got in at $13 or so.....
    They pissed off big time but going to hang in there

    Like many have (or will) found out the promise of better returns from the stock market over term deposits hasn't eventuated. Chasing yield and the next big thing a mugs game unless you have some idea what you doing.
    Last edited by winner69; 24-01-2017 at 10:33 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #637
    Investor
    Join Date
    Jul 2014
    Posts
    5,643

    Default

    Quote Originally Posted by winner69 View Post
    They pissed off big time but going to hang in there

    Like many have (or will) found out the promise of better returns from the stock market over term deposits hasn't eventuated. Chasing yield and the next big thing a mugs game unless you have some idea what you doing.
    Ouch..feel sorry for them, hope it works out ok for them in longer term.

  8. #638
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,480

    Default

    Quote Originally Posted by kerryo View Post
    Up 5% after yesterdays knee jerk reaction. Obviously the Chinese shareholders see this as a buying opportunity.
    Good opportunity to sell to them then.

  9. #639
    Guru
    Join Date
    Apr 2007
    Location
    Hamilton New Zealand.
    Posts
    4,251

    Default The Market giveth and the Market taketh away

    Quote Originally Posted by Roger View Post
    See post above titled "Sold Immediately" on 26 October 2016. I had previously sold half at around $11 when it tripped down through the 100 day MA and got the rest away at just over $10.
    Very happy to be out of this and I am planning on staying out until at the very earliest the real result is revealed for the FY17 year in late August. If they go under $3 before then I would reconsider my position. If I was still holding now, I would definitely sell at $6.50, if that's the implied question you're asking me ?
    The confirmation of the sucker rally together with the flip flop of the MA200 ($10.80) days before the Death Cross (and price plunge) gave TA investors time to get out (again)....What a beautiful death cross example .

    For the Fundies this article from NZCTA (NZ China Trade Association) back in September 26th 2016 was a dire warning

    Last edited by Hoop; 24-01-2017 at 10:54 AM.

  10. #640
    Guru
    Join Date
    Apr 2007
    Location
    Hamilton New Zealand.
    Posts
    4,251

    Default

    Quote Originally Posted by kerryo View Post
    Up 5% after yesterdays knee jerk reaction. Obviously the Chinese shareholders see this as a buying opportunity.
    NO!..not "obviously" more like your personal presumption..

    The law of physics applies to trading as well....Even crap will bounce given enough distance to free-fall
    Last edited by Hoop; 24-01-2017 at 11:01 AM.

Tags for this Thread

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
  •