TIL - Trilogy [formerly ECO - Ecoya]

[stoploss]

Yes, share prices tend to overshoot on the way up and also overshoot on the way down. So the question is whether they have overshot yet, or is there more downside to come? I sold 90% of my holding at $3.75 (on the way down from the peak) after having bought in at $1.21 and continuing to buy up to $2.75. Sold the remainder yesterday at $2.66 due to continued downtrend and it falling below my last purchase price.

Would love to know what PIE Funds are doing. No SSH notice yet so I assume they are still holding. I would imagine TIL has been a huge anchor on their fund's performance over the last 6 months.

In the January newsletter PIE said "We remain confident in the long term outlook for TIL and have been continuing to add to our position at current levels" . Price was circa $ 3.00 .
No news from the company so that view shouldn't have changed ...maybe they are backing the truck up here ......

[winner69]

Looks like there's bit of positive if look at BWX (Sukin brand) HY results out today across ditch, impressive numbers....hopefully its not all that bad for TIL after all.

BWX result really good - said they would grow by 30% and that's what they doing

TIL underlying growth this year not really in the same ball park is it

Wonder what the 'value gap' is now - probably reflects relative performance

[winner69]

Hell's bell - TIL is now 50% undervalued relative to BWX (on ebitda multiples) - or the 'value gap' is getting bigger and bigger

The market (at least in Australia) is telling us a story here ....and for TIL believers it's not a good story

Interesting

[horus1]

Very big volumes thru and price bounced.If you have courage, buy.

[winner69]

The 'value gap' to BWX get bigger since above post - now 51%

Pie must be salivating at the prospects

[NZSilver]

I agree with you muss, investors are a little shaky at the moment and company share prices are getting punished when growth targets or expectations arn't met. I believe people are assuming a downgrade or poor result from TIL, which of course could occur. But fundementally there is a upside at the current sp if the meet their guidance.

[Balance]

Hell's bell - TIL is now 50% undervalued relative to BWX (on ebitda multiples) - or the 'value gap' is getting bigger and bigger

The market (at least in Australia) is telling us a story here ....and for TIL believers it's not a good story

Interesting

Market is obviously pricing in and expecting a profit downgrade and earnings disappointment. So is the market right?

If TIL's sp trend is any guide, the market has been pretty accurate in the past.

One of the most interesting observations passed to yours truly here over the decades when evaluating a stock's propensity to trend on 'informed' trades is to look at whether the sp gaps on results and price sensitive announcements.

The chart of TIL suggests to me that the informed market is driving the sp.

Leaving the stock well alone until they announce their results or trading update.

[Beagle]

Speeding downhill price enquiry by NZX...as well there should be.

[RupertBear]

Speeding downhill price enquiry by NZX...as well there should be.

I have no faith in price enquiries. They always claim they are complying Wynyard claimed they were complying as well.

[Lola]

I have no faith in price enquiries. They always claim they are complying Wynyard claimed they were complying as well.

Absolutely agree with you. TIL have a template for their replies...see their response to a similar enquiry dated 1 November 2016. Price kept tanking after that one too. Who traded volume recently should be the point.