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28-09-2020, 09:04 AM
#17041
H1 revenues falling from $807m to $725m -- THAT'S MASSIVE
But H2 going to be UP 25% so no worries
Beagle will be saying 'I told you so, even blind Freddy could see this coming' as share price sinks to $14 today
Last edited by winner69; 28-09-2020 at 09:06 AM.
At the top of every bubble, everyone is convinced it's not yet a bubble.
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28-09-2020, 09:13 AM
#17042
Originally Posted by winner69
H1 revenues falling from $807m to $725m -- THAT'S MASSIVE
But H2 going to be UP 25% so no worries
Beagle will be saying 'I told you so, even blind Freddy could see this coming' as share price sinks to $14 today
Long term story remains unchanged so no worries indeed.
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28-09-2020, 09:18 AM
#17043
Originally Posted by couta1
Long term story remains unchanged so no worries indeed.
Temporary hiccup in one channel in unprecedented times globally
yes indeed .... the story remains the same
Don't forget it's the story that drives long term value - noise is for traders
No worries
At the top of every bubble, everyone is convinced it's not yet a bubble.
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28-09-2020, 09:18 AM
#17044
Originally Posted by trader_jackson
NPAT Missed consensus by about 2% I think... and on a quick look, most metrics look to be slightly disappointing...?
No worries - share price will probably still go up... just look at SUM, NPAT down 99% and most metrics deteriorating or their worst in 3 years... share price near all time high!
All about the story (not the results) and the story with ATM has been strong for a good chunk of time now.
Takes me back to my comment made when the share price was $21.50 (just prior to market open and just after the below consensus FY20 announcement)... at the end of the day, it really is all (and only) about the story, so as long as it sounds good, all will be good.
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28-09-2020, 09:24 AM
#17045
if you love a stock , you cannot see the faults in that stock so is my infatuation for my loved stock
one step ahead of the herd
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28-09-2020, 09:27 AM
#17046
Originally Posted by bull....
if you love a stock , you cannot see the faults in that stock so is my infatuation for my loved stock
You will make money in the short term and I in the longterm. We will both be happy
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28-09-2020, 09:32 AM
#17047
Timing is interesting - just over 5 weeks since FY report. Presumably updated same day as Synlait announced for a reason......
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28-09-2020, 09:36 AM
#17048
Sobering update from ATM. Good day for shorters.
FY21 sales likely to be short of the previously signalled 20% increase.....perhaps 10%?
Rocky times ahead for holders.
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28-09-2020, 09:45 AM
#17049
Originally Posted by Left field
Sobering update from ATM. Good day for shorters.
FY21 sales likely to be short of the previously signalled 20% increase.....perhaps 10%?
Rocky times ahead for holders.
I must admit I didn't see that one coming, but no reason to lose faith. Its going to get smashed today, top up time perhaps?
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28-09-2020, 09:49 AM
#17050
Originally Posted by JeremyALD
I must admit I didn't see that one coming, but no reason to lose faith. Its going to get smashed today, top up time perhaps?
I dont mind being a little overweight on this one. If it does drop to $14 I will buy some more
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