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18-05-2022, 12:33 PM
#1691
Member
Originally Posted by Waltzing
Think Walmart here people... dont get carried away...
its a RISK OFF market....
freight charges, electricity , rent increases, wages increases, starving staff.
Strikes combined with race protests and striking hockey players....
RISK OFF...
I think I have brain fog run that past me again
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18-05-2022, 01:12 PM
#1692
MHJ just seems to defy the world of negative news...
7 day range 107 to 120...
impossible to know what this stock will do next....
Last edited by Waltzing; 18-05-2022 at 01:14 PM.
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18-05-2022, 02:31 PM
#1693
Originally Posted by Waltzing
MHJ just seems to defy the world of negative news...
7 day range 107 to 120...
impossible to know what this stock will do next....
Well it was only last month they said their march quarter revenue was up 11% - and at better gross margins - than the comparable year earlier period, despite many lost trading days due to Covid disruptions.
Also got a mini-windfall from selling the Canadian credit book.
this stock is ridiculously cheap considering its ex-cash value, and i take my hat off to anyone who added at 1.07 last week - got a hell of a deal.
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18-05-2022, 05:57 PM
#1694
"1.07 last week - got a hell of a deal."
they sure did and it good see at least one retail stock holding up its SP in what has to seen as very severe pressures.
it can be a bit woobly and low 110 to 115 might turn up again....hopefully
Last edited by Waltzing; 18-05-2022 at 05:58 PM.
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20-05-2022, 02:36 PM
#1695
Gosh still holding up... what are those silly Canucks thinking ..
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20-05-2022, 02:42 PM
#1696
Member
Originally Posted by Waltzing
Gosh still holding up... what are those silly Canucks thinking ..
Have you been buying any or just sitting on the fence / Maybe still waiting for that $1
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20-05-2022, 07:10 PM
#1697
2 Portfolios have some in them. Not at 107.
However if sub 110 comes up again in the next 6 months and the Macro environment has not turned into a major crash we will probably add some to another Portfolio.
But Euro stocks are on the Radar now that Sweden and Finland havnt been invaded....
As one fellow said in Moscow "waving Nukes at Finland is just silly"
Gosh well maybe St Petersburg will be open for Sydney Tourist and Tourist from China before we know it.
Tourism will pick up in the Baltic's.
Even NZ may soon have a pick up in the next 2 to 3 years with Tourism and Retail Stocks will see an up turn in business.
Last edited by Waltzing; 20-05-2022 at 07:15 PM.
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21-05-2022, 04:50 PM
#1698
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21-05-2022, 07:21 PM
#1699
It always was a buy/hold because of the cash pile. Trading so cheap. $40m profit through a recession I reckon
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21-05-2022, 09:34 PM
#1700
"Trading so cheap"
Cramer now thinks the same of that other big Jewel operation.. but that chart still looks a bit sloppy.
Still he knows the US markets.
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