Is it because of broker recommendations? I have a very small share of these but interested in picking up a few more.
I doubt there would be brokers following NWF with its small market cap. So not sure what today's action is all about but could be a thought of a TA in the making or someone wants them as an add on... (just purely speculation at this point, its not the wind that is doing this action as there is no wind the last 2 weeks) http://203.114.161.10/trh.htm
I doubt there would be brokers following NWF with its small market cap. So not sure what today's action is all about but could be a thought of a TA in the making or someone wants them as an add on... (just purely speculation at this point, its not the wind that is doing this action as there is no wind the last 2 weeks) http://203.114.161.10/trh.htm
Ah sorry, I stand corrected, I thought you meant as in broker coverage being initiated by the large firms where analysts go and work out the value of the stock and publish nice little 5 page reports with DCF models and target prices.
Ah sorry, I stand corrected, I thought you meant as in broker coverage being initiated by the large firms where analysts go and work out the value of the stock and publish nice little 5 page reports with DCF models and target prices.
Nothing to be sorry about at all! You're right about coverage. Long may the upward trend continue. Amazing how much difference a new board and leader can make.
Forget the brokers , don't underestimate the power of SylvesterCat's new 2018 ST stock picking competition- a motley but brave few of us have NWF in there and boom !
Vulcan Capital, the only broker not to make a positive return, saw an 84 per cent return on NZ King Salmon but was hit hard by negative returns for Promisia and Pacific Edge.
Vulcan obviously have quite a different risk profile to other brokers as per none of their selection being exactly blue chip , but still - losing money last year is pretty bad so how much faith you want to put in their forecasts I will leave to you.
(Disclaimer - I am no longer operating in the broking community,)
I liked NWF in the single cents .... not sure now.... the answer is blowin in the wind
Not exactly the right place but for interest here are the brokers returns as per above article Attachment 9380
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