sharetrader
  1. #11231
    Senior Member
    Join Date
    Jan 2013
    Posts
    1,267

    Default

    Plenty of games being played with buy side volume on both NZX and ASX the last hour. Large blocks coming and going and being shuffled around. Big money appears to be back buying for sure.

  2. #11232
    Senior Member
    Join Date
    Jan 2013
    Posts
    1,267

    Default

    A nice technical setup that I like trading and is why I added a swing position in the 160's.

    After such a large rise and then pullback >50% from the previous low we can expect the low ($1.56) to hold with the price bouncing before this. Once a bounce is underway, it is most likely that a new high will not be immediately made. Instead the equilibrium will play out making lower highs and higher lows until finally breaking.

    In addition to this, the high of each weekly candle has been lower than the previous one for 10 weeks. When this occurs I love the signal of breaking the previous candle high as an indicator for a bounce (shows a change in momentum).This would occur with a break of $1.83.

    Weekly chart: https://www.tradingview.com/x/aJUmJJ1y/

    Disc: long term hold, swing hold, day trade hold.

  3. #11233
    Senior Member
    Join Date
    Jul 2020
    Posts
    850

    Default

    Quote Originally Posted by Ogg View Post
    Help me out here JimDog!!


    • Sky announce they're selling huge plot of land in central Auckland suitable for an Aged Care Facility.
    • Oceania Healthcare does huge placement out of the blue for new growth opportunities
    • Sky Chairman says wait until February for update.
    • Oceania Healthcare appoint property developer Andrew Buckingham staring in February



    https://www.nzx.com/announcements/383584

    Me connecting all the dots!


    Its definitely not OCA buying it.... I was the first to come up with that theory but have abandoned it.

  4. #11234
    Senior Member
    Join Date
    Jul 2020
    Posts
    850

    Default

    THink Osmium could be back boys. Its happening on both AU & NZ.

  5. #11235
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,348

    Default

    Quote Originally Posted by Ogg View Post
    I think it was that MorningStar buy recommendation that did it.
    Possible but unlikely imo given their reputation here.

    Reco from Morningstar in NZ is still 17/11 Accumulate $NZ3.00.

    Updated in Aus yesterday 24/11 to Buy $AU2.90

    Either would be nice.

  6. #11236
    Member
    Join Date
    May 2020
    Location
    Auckland
    Posts
    348

    Default

    Sky TV up on Judith Collins getting rolled. Hopefully national puts forward a credible candidate to fight socialism in Aotearoa. Maybe Simon Bridges or J̶o̶h̶n̶n̶y̶ ̶S̶i̶n̶s̶ Chris Luxon.

  7. #11237
    Senior Member
    Join Date
    Jul 2020
    Posts
    850

    Default

    Quote Originally Posted by Ogg View Post
    I know you came up with this.

    What makes you so sure it's not happening?
    Speaking to people in the know, its not a simple process to rezone and not a given, would require a conditional purchase with a lengthy settlement . they wouldnt be buying it without certainty.

  8. #11238
    Advanced Member airedale's Avatar
    Join Date
    Apr 2003
    Location
    Above the high tide mark.
    Posts
    1,509

    Default

    Okay, this is speculation but consider this FPH are going to invest 700 million in land and buildings. Pure speculation but someone with knowledge of FPH may know if the SKY site would be suitable




    News Release
    STOCKEXCHANGELISTINGS:NEWZEALAND(FPH),AUSTRALIA(FPH)

    Fisher & Paykel Healthcareannounces result for the first half of the 2022 financial year

    Auckland, New Zealand, 25November2021Fisher & Paykel Healthcare Corporation Limited
    today announced its results for thefirst half of the 2022 financial year.

    For the six months ended 30 September 2021, total operating revenue was $900 million. This was a
    1% decline from the same period in the previous financial year,ora 2% increase in constant
    currency. Net profit after tax for the first half was$222million, a2% decline fromthe prior
    comparable period, or a 1% decline in constant currency.

    Managing Director and CEO Lewis Gradon said, For nearly two years now, our customers have
    been working selflessly to care for patientsduring a pandemic. Our people and our suppliers have
    also been working under demanding circumstances, and we are grateful for their relentless
    commitment.

    As you may recall, the first half of the last financial year was a period of extraordinary demand
    during the initial surges of COVID-19. Our financial results in the first half of the 2022 financial year
    have continued to be very strong,” Mr Gradon continued.

    In the Hospital product group, which includes humidification products used in respiratory, acute and
    surgical care, revenue for the first half was $670million, adecline of2% from thefirst half of the
    2021financial year, or an increase of 1% in constant currency.Hospital consumables grew 8% in
    constant currency, and of total Hospital product group revenue, 67% was from the sale of
    consumables and 33% was from the sale of hardware.
    In theHomecare product group, which includes products used in the treatment of obstructive sleep
    apnea (OSA) and respiratory support in the home, revenue was $227million, a0.3%increase over
    the prior comparable period, or 3%in constant currency.
    Gross margin was 63.1%, up 135 basis points or 53basis points in constant currency compared to
    the first half of the 2021 financial year.Elevated freight costs and air freight utilisation continued but
    were lower thanthe same period last year, impactinggross margin by approximately 190 basis points
    compared to pre-COVID-19 levels.

    The company’s directors have approved an interim dividend of 17 cents per ordinary share. The
    interim dividend, carrying full New Zealand imputation credit, will be paid on 15 December 2021 with
    a record date of 3 December 2021.

    The company also announced that over the next five years it expects to invest approximately
    $700 millionin land and buildings. This includes a fifth buildingcompletingits Auckland campus
    and acquiring land for a second New Zealand campus.

  9. #11239
    Advanced Member
    Join Date
    Aug 2021
    Location
    Auckland
    Posts
    1,624

    Default

    My biggest fear in life is placing an order for Skellerup (SKL) when it pops well below six bucks a share and accidently typing SKT on the purchase order instead.

    Jest aside, I totally understand why Ogg, MistaT, & many others are so frustrated. As they have been able to articulate a clear gameplan to build shareholder wealth much more competently than management have been able to, let alone execute on. And its not even a hard plan! Its easy to visualise the building blocks, the logical counterparties, the catalysts and outcomes from it all. I've been tempted to purchase on a few occasions but the performance from the Board and management is at a level less than dire. The good news there is a business there, that seems to be turning away from the iceberg & sailing towards port, and a clear plan on what to do from here. Even the thick headed powers that be might get it at some point, a bit of shareholder value destruction in the interim aside. Good luck to you holders. You brave, brave holders. You lot do deserve a reward, and I hope it comes to you.
    Last edited by Muse; 25-11-2021 at 11:04 PM.

  10. #11240
    Advanced Member
    Join Date
    Aug 2021
    Location
    Auckland
    Posts
    1,624

    Default

    Quote Originally Posted by jimdog31 View Post
    Speaking to people in the know, its not a simple process to rezone and not a given, would require a conditional purchase with a lengthy settlement . they wouldnt be buying it without certainty.
    Oggs connecting the dots make sense to me. It's been delisted from colliers and all that - off the market - no chit chat - doesn't all that imply its under a conditional sale and purchase agreement? OCA not interested/capable of doing a conditional sale and purchase agreement?

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •