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03-06-2021, 03:13 PM
#891
Originally Posted by sb9
Nice to see Rob Fyfe being given reign of Chair and CEO Daniel Bracken joining the Board.
Rob Fyfe. Top man. Glad he is at the helm. Remember when he purchased $200k worth of shares during covid. Good stuff.
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03-06-2021, 10:05 PM
#892
Member
Nice bump today long may it continue. Company has a lot going for it in the current environment.
Quick question with the POG returning to an upward trend does this help MHJ?
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04-06-2021, 08:35 AM
#893
Originally Posted by Ltw
Nice bump today long may it continue. Company has a lot going for it in the current environment.
Quick question with the POG returning to an upward trend does this help MHJ?
Assuming POG means 'price of gold' and not 'person other than a grunt' which is what google told me it could mean lol..
Typically higher prices of gold is not good for jewelry co's. Tougher to sell higher priced gold chains and rings I guess.
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04-06-2021, 02:44 PM
#894
Member
Originally Posted by Rawz
Assuming POG means 'price of gold' and not 'person other than a grunt' which is what google told me it could mean lol..
Typically higher prices of gold is not good for jewelry co's. Tougher to sell higher priced gold chains and rings I guess.
LOL. Yes mate Price Of Gold.
My line of thought was: because they stock a lot of gold there inventory value would go up and naturally as the POG increases so dose there sales.
I did also notice that when the POG sky rocketed a few years back MHJ SP kind of followed suit. Why that was I'm not quite sure
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04-06-2021, 03:11 PM
#895
Originally Posted by Ltw
LOL. Yes mate Price Of Gold.
My line of thought was: because they stock a lot of gold there inventory value would go up and naturally as the POG increases so dose there sales.
I did also notice that when the POG sky rocketed a few years back MHJ SP kind of followed suit. Why that was I'm not quite sure
What do we care, the chart is beautiful, Michael Hill has never been doing better and that includes when the share price was double. Dividends have been over 3c so that should soon be surpassed.
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15-06-2021, 08:39 AM
#896
Nice bull flag on the weekly/monthly chart looking for confirmation with a break of 90 cents. Large crossings were going through yesterday at 90c which has got my attention.
Still maintain my long term holding and looking to add trading position if it looks like 90 cents will break.
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15-06-2021, 10:05 AM
#897
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15-06-2021, 12:01 PM
#898
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15-06-2021, 12:10 PM
#899
Originally Posted by Ltw
WOW we might even see it broken today!! looked at it this morning and thought maybe in the next week or two it might jump over 90 cents. I'm now wondering if well see it over a dollar by the end of the year or even before....
Q4 trading update next month will set the tone further price movement and also divvy payout at FY results time in Aug will give better picture.
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17-06-2021, 10:24 AM
#900
Member
Keeps looking better - I look forward to the update sb9
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