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30-05-2019, 08:58 PM
#3291
It's almost a year since the sh1t hit the fan as far as the SP is concerned, even very very simple TA would have exited this, like really simple stuff maybe acting on a moving average breakdown. No need even for any macro economics or company fundamentals to confuse things, this screamed GET OUT ages ago. The 200DMA is a safer indicator for the conservative who don't like acting too hastily on SP movements. They'd be gone too, some time ago.
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30-05-2019, 09:23 PM
#3292
Originally Posted by JeremyALD
What on earth happened to ATL. They were doing so well post IPO. Personally I think it's just another example of bitting off more than you can chew. The amount of aquisitions they made was phenomenal when you consider each business aquired would have it's own culture, challenges and opportunities.
Most probably paying too much for Western Australia's big RV seller, and carrying a good amount of debt has not worked out for them.
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31-05-2019, 12:28 PM
#3293
Jeez ...shareprice down to 370 and back to where it was 2 years or so ago.
No worries ...as recently it has always recovered after a fall ....will again this time, won’t it
”When investors are euphoric, they are incapable of recognising euphoria itself “
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31-05-2019, 12:59 PM
#3294
Originally Posted by winner69
Jeez ...shareprice down to 370 and back to where it was 2 years or so ago.
No worries ...as recently it has always recovered after a fall ....will again this time, won’t it
She's going down to under $3 in due course, you read it from me first. Camper sales are going to tank even worse as consumer confidence slides to fresh lows. The chances of a trade deal between China and America are now looking extremely slim. Chinese threatening to withhold rare earth's and cripple America's tech sector...Its going to get ugly ! Consumers will pull their heads in on large ticket discretionary purchases in droves. Disposal of used campervans is going to go from problematic to highly problematic to chronically problematic, that's my prediction.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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31-05-2019, 01:48 PM
#3295
Always easy to make bad predictions, I do it myself. Harder to make predictions that show some sort of upside to any SP. Maybe its a sign of the times everything seems to be slipping these days.
China is a big bully, rips you off and when you try to stop it, it reacts by changing things that justifies the rip off and wants to keep doing it. China does not sell its rare earth minerals for free, they will feel it. The US could shut china down quite quickly. Then there will be a new order in the world. This will bring in an unprecedented demand for used campers, as no one will be able to afford a home. What a scenario. Could happen haha. Heres hoping, just bought a parcel of THL.
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31-05-2019, 04:17 PM
#3296
Book value is just over $2.00 a share
Heading to making 7% to 8% return on invested capital this year so unlikely to cover their cost of capital....which says it shouldn’t really trade much above book value
So at present (in financial theory at least) a $1.70 per share is what the market is expecting them to make in the way of excessive returns over their cost of capital. Are they actually performing that well?
”When investors are euphoric, they are incapable of recognising euphoria itself “
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31-05-2019, 04:29 PM
#3297
thl has a certain attraction for many punters ....they solidly support the share price so it won’t fall too far.
No worries
Last edited by winner69; 31-05-2019 at 04:31 PM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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31-05-2019, 04:30 PM
#3298
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31-05-2019, 04:31 PM
#3299
Originally Posted by winner69
thl has a certain attraction for many punters ....they solidly support the share price so it won’t fall too far.
Phew thats sounding better
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31-05-2019, 04:37 PM
#3300
Originally Posted by RupertBear
Phew thats sounding better
There’s often a big difference between theory and reality (driven by rationale / irrational investing behaviour.)
Last edited by winner69; 31-05-2019 at 04:38 PM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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