sharetrader
Page 6 of 70 FirstFirst ... 23456789101656 ... LastLast
Results 76 to 90 of 1047

Thread: Cavalier -- cav

  1. #76
    Senior Member
    Join Date
    May 2002
    Location
    ChCh, , .
    Posts
    1,048

    Default

    Dear montana....after 30 years ...you learn....shares generally tend go lower than they should (fear)....and generally higher than they should....(greed)....we ALL have suffered/fallen to this phenomena....that is the nature of the MKT...look at my postings re CEN.....i.e. as someone seeking rational explaination of shareprice performance....I imagine that my postings re same have been viewed a pathetic by many........

    ....but as I say to those managing rental properties....if it was easy ..everyone would be doing it.......cheers....

    ..stay and learn....

  2. #77
    Member
    Join Date
    Feb 2012
    Location
    Wellington
    Posts
    100

    Default

    Just ordered some Cav Brem capret for my house. Really nice product. Looks good.

  3. #78
    Member
    Join Date
    Sep 2006
    Location
    auckland, , New Zealand.
    Posts
    435

    Default

    Quote Originally Posted by Fred114 View Post
    Just ordered some Cav Brem capret for my house. Really nice product. Looks good.
    Thanks for that Fred. I have just topped up my holding (as in yesterday) A few more people likeyou (as in people with good taste) and I might just get a dividend next year!

  4. #79
    Junior Member
    Join Date
    Mar 2012
    Posts
    14

    Default

    Quote Originally Posted by zigzag View Post
    Thanks for that Fred. I have just topped up my holding (as in yesterday) A few more people likeyou (as in people with good taste) and I might just get a dividend next year!
    Mind me asking your average buy in price zigzag? I bought at 2.10, anticipating that to be the trough. It's been a slippery slide ever since! What i'm really looking for is somebody to tell me that it's going to be alright. Lol.

  5. #80
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,241

    Default

    Quote Originally Posted by montana View Post
    Mind me asking your average buy in price zigzag? I bought at 2.10, anticipating that to be the trough. It's been a slippery slide ever since! What i'm really looking for is somebody to tell me that it's going to be alright. Lol.
    Would say CJ's average buy in price in excess of $50 ... a metre that is .... but then again he could have obtained at a real value price

  6. #81
    Super Investor
    Join Date
    Feb 2008
    Location
    Gold Coast
    Posts
    1,387

    Default

    Quote Originally Posted by winner69 View Post
    Would say CJ's average buy in price in excess of $50 ... a metre that is .... but then again he could have obtained at a real value price
    Slightly less than 35 shares per metre..... hmmm a new ratio for the NZX? Lizard's gonna like that one.
    Last edited by h2so4; 22-05-2012 at 12:50 PM.
    h2

  7. #82
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,241

    Default

    Jeez Montana - CAV shareprice still going down .... if it is any consolation the shareprice has been lower than this. One week in 2008 it reached 133 - and lets hope that world markets don't collapse again or CAV might go under a buck .... but it is last century that CAV was doen at these prices

    Wonder what a metre of decent carpet cost in those days
    Attached Images Attached Images

  8. #83
    Junior Member
    Join Date
    Mar 2012
    Posts
    14

    Default

    Finally some upwards movement. Up 6.9% today at the time of writing this post.

    Forgive my ignorance (i'm new to the stock market) but can anyone shed some light on the overall weighting demand for shares has on the increases/decreases in value.

    I'm stuggling to figure out why overnight demand has increased threefold, and the share price has had a significant increase with no company or industry announcements of any kind?

    Any (intelligent) comments are much appreciated

    Mike

  9. #84
    Member Te Whetu's Avatar
    Join Date
    Oct 2007
    Posts
    65

    Default

    Could be any number of reasons. However the most likely is that its an illiquid stock with a massive spread.

    This means that when someone want to get in/out they may have a significant impact on the price.

    The spread is the difference between the bid and ask, it's what you effectively have to pay to get in and out of the stock (either that or put your order to the market and hope someone else crosses). I note that the spread is currently 9 cents (6.1%).

    Small stocks like this have much higher risk (measured by standard deviation). Not all movements will be able to be attributed to an announcement.



    Disc: Hold no CAV, but would consider getting in below $1.30'ish

  10. #85
    Member
    Join Date
    Jul 2004
    Location
    , , .
    Posts
    91

    Default

    are they buying 64% of nzwsi ??
    if not you now who when..

  11. #86
    Junior Member
    Join Date
    Mar 2012
    Posts
    14

    Default

    Quote Originally Posted by clips View Post
    are they buying 64% of nzwsi ??
    They were supposed to have put their bid in last month but Godfrey Hirst appealed the Comm comm's decision to allow them to buy it.

    "Cavalier slipped 0.3 per cent to $3.77 after Wool Equities emerged as a rival
    bidder for NZ Wool Services International, saying it has funding in place to
    make an offer for the wool scouring company.

    Cavalier Wool Holdings, made up of Cavalier, ACC’s investment arm and private
    equity investor Direct Capital Investments was ordered to make a temporary halt
    to its offer for WSI on Friday pending an appeal by carpet maker Godfrey Hirst,
    which opposes that deal.

    The Commerce Commission approved Cavalier’s $40 million takeover even though
    it would create a monopoly in New Zealand wool scouring because it agreed the
    competitive threat was from Chinese rivals."

  12. #87

  13. #88
    Member
    Join Date
    Jul 2004
    Location
    , , .
    Posts
    91

    Default

    then this from November 2011.....


    Court dismisses bid to stop Cavalier Wool’s scouring monopoly; Godfrey Hirst threatens to quit NZ
    Posted in Rural News Updated November 24, 2011 - 09:41am, BusinessDesk
    Godfrey Hirst NZ, New Zealand’s biggest carpet maker, says it may abandon local manufacturing after the High Court rejected its appeal against a decision to allow a group led by rival Cavalier to create a monopoly in wool scouring.

    Australian-owned Godfrey Hirst said it was disappointed with the ruling and will weigh up its options over the next few days.

    “It creates a monopoly in a key sector which potentially jeopardises the longevity of the New Zealand wool industry,” general manager Tania Pauling said in a statement. “We intend reviewing the judgement over the coming days and will be considering our options going forward – including the possibility of relocating some of our manufacturing assets offshore.”

    The High Court in Wellington has dismissed an appeal against the regulatory approval for an acquisition that would give Cavalier Wool Holdings the ability to build a wool scouring monopoly in New Zealand.
    if not you now who when..

  14. #89
    Money Manager
    Join Date
    Sep 2012
    Location
    Dunedin
    Posts
    21

    Default

    Cavalier seems to have formed a nice base from late may through August between 150 and 155. I expect that from here @175, with most of the bad news behind us, we should have a reversion to the long term mean of 240 over the next 8 months for an ROI of 37% without depending on any particularly good news at all. There will be some bumps along the way but the longterm looks really, really good on this share.

  15. #90
    Money Manager
    Join Date
    Sep 2012
    Location
    Dunedin
    Posts
    21

    Default

    Thanks Belgarion, this 'prudence' comes from plenty of mistakes catching falling knives.

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
  •