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  1. #8511
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    Quote Originally Posted by NZSilver View Post
    It will go lower once the asx opens

    There again there may be a more mature approach to today's announcement.

  2. #8512
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    Quote Originally Posted by 777 View Post
    There again there may be a more mature approach to today's announcement.
    the Aussies on the ASX - I doubt it!

  3. #8513
    Aspiring to be an Awesome Bear
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    Quote Originally Posted by carrom74 View Post
    Couta1-then what is the fair value of this stock? it has reported just "under" a few million as per the "expectations" and to me it is still a fantastic NZ story...and also joining the MSCI .

    I just cant understand the panic.

    Disc:Sold out at 8.37 and regretting
    You might be able to buy them back at $8.37 carrom

  4. #8514
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    Good for this to happen... imagine if they hadn't provided an update and just announced this stuff 'on the day'? Would be looking at larger than 20% drop I would think. At the end of the day, this is healthy to happen and keeps everybody with their feet on the ground.

  5. #8515
    Speedy Az winner69's Avatar
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    Quote Originally Posted by longy View Post
    Thanks Bull...
    Interesting

    So in hindsight going from $9 odd to $14 plus in such a short time was just plain stupid or whatever word you want to use

    That’s the market for you eh
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #8516
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    Quote Originally Posted by 777 View Post
    There again there may be a more mature approach to today's announcement.
    I wouldn't hold my breath. This seems to be the type of stock where reactions (both positive and negative) tend to be less than mature. I think you just have to expect it.

  7. #8517
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    Gross margin percentage for the full year is expected to remain broadly
    consistent with 1H18, given the benefit of throughput efficiencies and
    currency movements.

    So margin are really falling but it has been masked by cost cutting and a favourable exchange rate

  8. #8518
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    Quote Originally Posted by winner69 View Post
    Interesting

    So in hindsight going from $9 odd to $14 plus in such a short time was just plain stupid or whatever word you want to use

    That’s the market for you eh
    There were people saying that the PE was getting silly - and others saying it was a long game and heaps of growth etc.
    Seemed to me, as I read this along the way, that there was a lot of 'seeing what you wanted to see' in everything that came out here.

  9. #8519
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Left field View Post
    MSCI is sssooo yesterday!

    It gave ATM holders a small thrill, however for any real thrill we need a trading update. I guess what MSCI means in the short term (always dangerous to use the word short!).... is less volatility.....but we will see. In the meantime we wait patiently.

    Bolli bands looking encouraging for ATM so just a matter of time.

    Well done SML and THL holders !
    Bolli bands looking different now
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #8520
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    Noone seems to have mentioned yet, first half revenue of 434.7 projects with 0 further growth to 652 over 9 months. We actually got 660 so suggests a 4% increase in revenue last 3 months Vs first 6 months. How big an impact did those Chinese holiday sales have? I still hold but well in the money from my last purchase. New markets might take a while to ramp up significantly.

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