CAV - Cavalier Corp (Carpets)

[Balance]

Looks like dollar is comming soon

Looks like traders scrambling to buy back stock they sold at under 76c, thinking they can buy back at under 70c?

Maybe too late for them as market seems to have sniffed something positive coming up.

[golden city]

Depth looks super strong.

[Hoop]

Looks like traders scrambling to buy back stock they sold at under 76c, thinking they can buy back at under 70c?

Maybe too late for them as market seems to have sniffed something positive coming up.

Inexperienced or very short term traders maybe but not this Jedi ..The chart has been strong (entry then accumulate on throwbacks) for 8 months now..Notice the accumulating opportunities with the 3 throwbacks...falls back to 52, 65(60), 70 I have only marked in two throwbacks on the chart below the 65(60) & 70...

Although throwbacks occur about 50% of the time CAV's behaviour makes the odds higher than 50% as it has a climbing steps pattern...so chances are the next buy (accumulate) action could be at 76/77c area.

May the force continue to be with you

Disc: Own and accumulating

[Placemakers]

Inexperienced or very short term traders maybe but not this Jedi ..The chart has been strong (entry then accumulate on throwbacks) for 8 months now..Notice the accumulating opportunities with the 3 throwbacks...falls back to 52, 65(60), 70 I have only marked in two throwbacks on the chart below the 65(60) & 70
May the force continue to be with you

Disc: Own and accumulating

What a wonderful piece of work!! thank you so much

[bull....]

probably people just realising once debt is reduced to acceptable levels they will resume dividends hopefully next yr and that the coming building boom means cav should be making heaps of profit.

[Hoop]

probably people just realising once debt is reduced to acceptable levels they will resume dividends hopefully next yr and that the coming building boom means cav should be making heaps of profit.

Thanks Placemakers

Yeah Bull,,,..that's probably the reasons why the market sentiment towards CAV has turned to positive...

[golden city]

good as gold. Trend firmly upwards

[janner]

My Christmas present 31/12/15 @ 60 cents :-))))

[bull....]

what do you think of the unitary plan for Auckland?

http://www.landlords.co.nz/article/5...-is-up-and-out

pretty awesome if they can achieve it
but that would mean an enormous jump in building consents - Auckland would have to double consents issued from current mths to roughly 1400 - 1500 per mth or 17000 a yr

http://www.stats.govt.nz/browse_for_...HOTPMay16.aspx
http://www.stats.govt.nz/browse_for_...d_MRMay16.aspx


and with migration in an uptrend since 2012 currently running 5000 - 6000 net per yr will even 422000 new dwellings be enough?

http://www.stats.govt.nz/browse_for_...HOTPJun16.aspx

and all this is just Auckland add in the rest of the country and theres you go the biggest building boom in nz history is coming.

whos going to benefit

look at fbu price last couple mths ballistic someone new lol
cav for sure 2500 dwellings per yr now to 20000 per yr if you add in the whole country that's a lot of extra carpet
methven?
who else?

anyway see the potential it take a while to get going but govt has to move it this could cost them election if they don't get going pronto and when a politician feels like they might lose things happen quick.

cav could do the most sales and profits could go ballistic - as long as they get the basics right and streamline the business well and all the other things that impact profit fall into line gonna be a 10 bagger I reckon and also as long as the world doesn't implode financially or Donald trump doesn't wins haha

[janner]

and all this is just Auckland add in the rest of the country and theres you go the biggest building boom in nz history is coming.

whos going to benefit.



Not the number eight culture... IMHO...