More than a breather, nearly 20% down from it's recent high, getting into correction territory.
I can never win with ATM. I always buy and sell at the wrong time so I'm just going to hold my little share for a while. The growth potential is insane so it will bounce back at some point. I am surprised no one seemed to care about the settlement with Lion.
I can never win with ATM. I always buy and sell at the wrong time so I'm just going to hold my little share for a while. The growth potential is insane so it will bounce back at some point. I am surprised no one seemed to care about the settlement with Lion.
Same here, I missed out on the price going from $4 to $8 odd with an XXOS holding over a 3 month period. I was a very nervous holder back then but feel comfortable now holding the stock longer term as it has been derisked IMO. I guess it doesn't really matter whether you pay 50c or so more than you could have when the stock could be worth double the current price in a few years time. At the moment the shorters are in control of the price direction and not fundamentals.
Maybe some institutions need to fill the tank ahead of ATM S&P/NZX 10 Index rebalance – Effective at the Open on December 18, 2017 and looking for a bargain.
Valuations from 6 in-house researchers had an average of over $9 the highest been $9.75 so nothing has changed since except China's double 12 shopping spree a repeat of the Double 11 which just finished this morning. No results yet if successful for A2 brand.
I can never win with ATM. I always buy and sell at the wrong time so I'm just going to hold my little share for a while. The growth potential is insane so it will bounce back at some point. I am surprised no one seemed to care about the settlement with Lion.
Just remember one number $52.3mln NPAT for 4 months of this FY as per ASM update, which is about 22c EPS annualised. And since that the final risk factor (lion case) has been put to bed, nothing to worry about long term prospects from here....just be patient and ride out the wave.
Just remember one number $52.3mln NPAT for 4 months of this FY as per ASM update, which is about 22c EPS annualised. And since that the final risk factor (lion case) has been put to bed, nothing to worry about long term prospects from here....just be patient and ride out the wave.
That's exactly what I told my neighbour - he and his bowling mates were beginning to wonder if they had bought another dog of a stock. They are still ahead thank goodness
Though I now regret jokingly saying the only time to start worrying is if it they get caught up in a contaminated product scare like that French company is going through ....gave him the heebie jeebies
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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