Ebos Limited EBO

[noodles]

Potential, or imagined, implications of international trade pacts are getting another airing. Ebos' business with DHB's is seen, by some, as being threatened.

I'm holding.

I think it is just a classic technical pullback after a strong advance. Move from $9.30-$11 on strong volume and has drifted back to $10.50 on light volume. This is healthy.

While I wouldn't discount the impact of the trade agreement, I would have expected this is hit the Australian listed operators such as API.AX as well. I'm not seeing this.

[Snow Leopard]

...Anyway having a breakout is one thing, whether it becomes a false breakout is another (and then a false false-breakout usw...)...

The trouble with hedging your bets is that sometimes your turn out to be right.

Still a good company with good fundamentals I believe / hope / make requests to a reliable deity.

Best Wishes
Paper Tiger

* I can say that here, can't I?

[winner69]

What's up - share price drifting down.

Looks like heading to 1040 which I said would be support going forward (trading range 1040 to 1220 I said)

Go much below 1040 and umm a problem of sorts

Hey tiger, even I was wrong

Today's 1026 a bit ominous if it goes down anymore.

But lets say a temporary blip and it be back over 1040 tomorrow and then we can say the 1040 support did hold.

Still reckon range trade the 1040 to 1220 for a year or two.

[JayRiggs]

Does anyone know if EBOS have any currency hedging to help with the low $AUD?
Much like FPH do for the $US.

[winner69]

Does anyone know if EBOS have any currency hedging to help with the low $AUD?
Much like FPH do for the $US.

They say -

Forward foreign exchange contracts
It is the policy of the Group to enter into forward foreign exchange contracts to cover specific foreign currency payments and receipts within 60% to 100% of the exposure generated. The Group also enters into forward foreign exchange contracts to manage the risk associated with anticipated future sales and purchases

Note 31 of last Annual Accounts gives you some idea of the contracts they had


However often the biggest impact is translation impacts

Bet you are now fully informed, right?

[JayRiggs]

Ah thanks for the winner, I'll take a closer look there.

[winner69]

At least 10 bucks held

If I had faith in my range trading theory a quick 20% plus on the cards from here.

Maybe, maybe not, let's see

[percy]

At least 10 bucks held

If I had faith in my range trading theory a quick 20% plus on the cards from here.

Maybe, maybe not, let's see

20% plus............................80% = 100% ..............or $20 sp.
My take a little longer,but I will enjoy the journey.!!
I don't mind growing wealthy........slowly....

[winner69]

Go on EBO ..... get back to 10 bucks

Price starting with a 9 looks bad for you

Go EBO go EBO .... you can do it

[JayRiggs]

Sorry I tried to keep it over $10 when I bought some the other day. Someone help me out!!!