PEB - Pacific Edge Ltd

[pierre]

and closing sub $1 today :-(

Needs some actual delivered financial results to breathe any life into PEB's SP

Yep - and we have to wait till May results before we get those numbers - even then PEB (and/or its shareholders) might still need a bit of oxygen to keep breathing.

Unless, that is, the good Dr. Meintjes can pull a rabbit out of the hat - such as some real action with KP, or traction with another major user.

Until then, SP swings will continue and patience is still required.

[Maxtrade]

Yep - and we have to wait till May results before we get those numbers - even then PEB (and/or its shareholders) might still need a bit of oxygen to keep breathing.

Unless, that is, the good Dr. Meintjes can pull a rabbit out of the hat - such as some real action with KP, or traction with another major user.

Until then, SP swings will continue and patience is still required.

Right. Seeing SP rally didn't surmount above 1.05 and struggling to hold $1, will likely see a decline following recent downtrends. Momentary rally, peaked just above $1 so may likely fall the rise. Head back to 0.8- 0.9. Hopefully form lower end trough there and use that as a support level to form the next rally from. Presuming we get some positive numbers through. Until then will be some traders plays making 5-15% swing profits, mid 0.8's to ~$1.03.

[winner69]

Bell Potter getting desperate and bringing out the PEB a takeover target trick ..... maybe a $2 blllion target

https://businessdesk.co.nz/article/l...et-on-its-back

[Mel]

Bell Potter getting desperate and bringing out the PEB a takeover target trick ..... maybe a $2 blllion target

https://businessdesk.co.nz/article/l...et-on-its-back

A rather biased perspective from Bell Potter I would imagine!

[Maxtrade]

Bell Potter getting desperate and bringing out the PEB a takeover target trick ..... maybe a $2 blllion target

https://businessdesk.co.nz/article/l...et-on-its-back

Many of those analysts are just playing with investors funds, akin to betting. Trying to drive swing trades through unsupported speculative statements such as that out of thin air. Then watch them dump with any rally on the SP, then they buy back in at where support will form at last trough high 0.8's. The thing is many more folk are knowledgeable on how the fund managers play the markets now and can watch for and see through such.

[Muse]

A rather biased perspective from Bell Potter I would imagine!

Also quite a bit lower than the A$1.31 placement the investment banking side of Bell Porter advised on

interesting that

[Muse]

Bell Potter getting desperate and bringing out the PEB a takeover target trick ..... maybe a $2 blllion target

https://businessdesk.co.nz/article/l...et-on-its-back

So a A$1.10 target price - thats the spot valuation rolled forward at the cost of equity less dividends (nil divs). so if we assume a 10% cost of equity used in their valuation (no idea what they use but nice round number) that is a spot valuation of $1.00. Pretty big fall from the A$1.31 issue they advised on only back October last year

[Brain]

Many of those analysts are just playing with investors funds, akin to betting. Trying to drive swing trades through unsupported speculative statements such as that out of thin air. Then watch them dump with any rally on the SP, then they buy back in at where support will form at last trough high 0.8's. The thing is many more folk are knowledgeable on how the fund managers play the markets now and can watch for and see through such.

Are you accusing them of market manipulation? That’s illegal isn’t it . I am shocked to the core. They would be too scared to do this because NZ RegCo and the FMA, our world class market regulators, would come down on them like a tonne of bricks. They know how effective the FMA and NZ Reg co are. They know that they are at the top of their game and don’t come to work just to eat their lunch.

[barney]

https://www.odt.co.nz/business/pacif...-target-report

[Maxtrade]

haha.Nice

All within parameters right. Yet if we do anything relatively minor we get called up and advised of market manipulation. I guess they have bigger and better algorithms.