Ebos Limited EBO

[peat]

ratkin
I see massive resistance at $30


EBO.JPG
which one of us is correct

oh and yes PS good result except in their consumer health products
so on a PE of about 26 still. which is supported by the constant growth
NB Jan 2021 still showing earnings growth​.

[Biscuit]

ratkin
I see massive resistance at $30......

There's resistance .. for now. Don't think you'll get back in under $25 now though peat! I bought quite a lot last year $21-$22, give away prices for this well managed growth company.

[macduffy]

Another solid result. Pleased to see that my rather pessimistic prediction of a lacklustre half year was unfounded!

[ratkin]

ratkin
I see massive resistance at $30

Yes, I made a bit of a mistake there, was looking on my tiny phone screen and misread the price. Agreed the risistance is holding it back.
The good thing is once it does go through, it will be more significant

[peat]

The good thing is once it does go through, it will be more significant

True dat. I should hold some. Ebos does (has , and probably will, ) make superb returns almost easy.

[newtrader]

Interesting there is no DRP on this dividend due to a strong balance sheet. Is this an indicator from management on the current share price?

[macduffy]

Interesting there is no DRP on this dividend due to a strong balance sheet. Is this an indicator from management on the current share price?

I doubt it. More likely to be the strong balance sheet "effect".

[winner69]

What's going on today

Share price down nearly 5%

[John.S]

I'm only a novice retail investor, but the volume traded appears to be about the normal volume of 100k shares.

Just my 2c, but I'm guessing with the DRP being cancelled some have taken it as a sign that the share price has reached/exceeded the short term valuation so they are selling some shares with the idea to buy back in later?

Personally, I'm just holding and waiting for a bit more of a correction before topping up. I couldn't find anything else online to suggest why the price is down today.

[Rawz]

Share market overall having a red day. FPH taken a beating as well.