-
23-01-2013, 02:30 PM
#2321
......"GUT-O-METER" right again and bailed last week! (sorry holders, but just gotta go with that gut instinct........proving to be very reliable) Probably nothing wrong with the company either....apart from too high a SP at the moment.
-
23-01-2013, 02:52 PM
#2322
Originally Posted by SparkyTheClown
PGW down 3c today to 43c on the back of a Goldman Sachs/JB Were recommendation to SELL, citing the big price rise in recent weeks, plus that they deem PGW to be a "low quality business".
I disagree with their analysis, and am tempted to buy more should the price drop further.
Hi Sparky,
Where do you see FY13/14 eps?
How does it vary from Goldman Sachs/JB Were?
Cheers,
Chris
-
23-01-2013, 04:12 PM
#2323
From buy to accumulate
Does that mean current shareholders can still buy, ie accumulate ....but if you don't own you shouldn't buy
Or does accumulate mean buy ....but not too many
Always wondered and never the fie print n the disclaimers
-
23-01-2013, 04:23 PM
#2324
Originally Posted by SparkyTheClown
I don't have the GSJBW report, I have only seen a brokers commentary.
I bought in back in November based on FY2013 with EPS of 4.1cps, and accumulated more when I saw that Forsyth Barr increased their assumptions to 4.3cps (see my post 2556 above).
Upon comparing the November and January analysis, it seems that Forbarr are expecting EPS to grow at more like 9% plus over the next few years, instead of 7-8% (from their November report). This probably reflects the Crafar debt repayment as well as some general positive sentiment in Agriservices.
Thanks Sparky,
I like your conviction towards stocks. It's a quality I lack.
This recent decline just feels like a blow off after a hefty rise. I imagine the RSI was well over 70 and the negative report just accelerated things. Should be well supported with earnings at 4cps'ish.
I might even get in if the half year result is decent.
Do you expect to see eps over 2c for the half year?
Cheers
-
23-01-2013, 04:30 PM
#2325
Do punters react when they hear news from NUF and sell their PGW ....even though one provides the seeds for things to grow while the other protect them from nasties and even kills them
Looks like NUF disappointed te market today cutting Aust NZ for the reason
PGW guilty by association?
-
23-01-2013, 08:03 PM
#2326
-
23-01-2013, 10:32 PM
#2327
Originally Posted by noodles
Do you expect to see eps over 2c for the half year?
Given the seasonality of earnings, I reckon eps>1.5c will be a good result.
From AGM: "First half earnings generally 30% of total year"
-
24-01-2013, 07:26 AM
#2328
Originally Posted by noodles
Given the seasonality of earnings, I reckon eps>1.5c will be a good result.
From AGM: "First half earnings generally 30% of total year"
your original question - Do you expect to see eps over 2c for the half year?
Lets chane to Do you expect to see eps over 1.5c for the half year?
My answer ...doubt it
-
24-01-2013, 12:05 PM
#2329
Last edited by Hoop; 24-01-2013 at 12:14 PM.
-
24-01-2013, 01:03 PM
#2330
Originally Posted by moosie_900
Yes very interesting to see it turning up on the depth chart. I usually rely on depth to confirm the technical specs. If it all matches up, buy/sell time (also taking into account the gut-o-meter).
I don't mind risk on a short/medium term correction, as long as the long-term trend is up. No catching falling knives for me!
Thanks again!
Great to hear you still have 10 fingers
You have a couple more than me
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks