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  1. #71
    Advanced Member Entrep's Avatar
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    Smashed again today. Anyone game enough to break the cardinal rule and average down?

  2. #72
    percy
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    Nooooooooooooooooooooooooooooooooooooooooooo.

  3. #73
    Reincarnated Panthera Snow Leopard's Avatar
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    Unhappy Me and the market have a fundamental disagreement over this share*

    I don't usually quote P/E ratios but this is definitely a growth share and it now on a historical P/E of 11.6 and forward P/E of 10.1 or lower by my guess.

    I have a current value of $1.100 and a one year forward value of $1.181.

    Hopefully Mr M will come round to my way of thinking eventually.

    Best Wishes
    Paper Tiger
    om mani peme hum

  4. #74
    percy
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    Quote Originally Posted by Paper Tiger View Post
    I don't usually quote P/E ratios but this is definitely a growth share and it now on a historical P/E of 11.6 and forward P/E of 10.1 or lower by my guess.

    I have a current value of $1.100 and a one year forward value of $1.181.

    Hopefully Mr M will come round to my way of thinking eventually.

    Best Wishes
    Paper Tiger
    Usually does.!..

  5. #75
    Advanced Member Entrep's Avatar
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    Down 20% now from the high on the announcement day. Getting smashed and looking very week. Definitely fundamentals (good) vs technicals (very bad) at odds here!

  6. #76
    Reincarnated Panthera Snow Leopard's Avatar
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    Unhappy Waiting for the tide to turn

    I can see nothing fundamentally wrong with this company and for the moment I am willing to ride out the 'irrationality' of the market.

    Best Wishes
    Paper Tiger
    om mani peme hum

  7. #77
    Senior Member
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    Couldn't agree more!
    Bizzare market. Has anyone set up a fund to short every ASX smallcap stock just prior to results announcements?

  8. #78
    Advanced Member Entrep's Avatar
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    Well below 50,200,30,120 EAs now and technically looking even worse than before. Curious if anyone has sold out or still holding on?

  9. #79
    percy
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    Quote Originally Posted by Entrep View Post
    Well below 50,200,30,120 EAs now and technically looking even worse than before. Curious if anyone has sold out or still holding on?
    Please don't tell anyone,but I am still holding.!

    ps.I can remain solvent longer than the market can stay wrong...lol.
    Last edited by percy; 08-03-2017 at 03:18 PM.

  10. #80
    Reincarnated Panthera Snow Leopard's Avatar
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    Unhappy Sometimes you have to believe that you know better than the market

    The slide is a worry is it not ?

    But if there is something up with the company, I am in the dark about it.

    So far I am keeping the faith whilst sitting on a reasonable % loss on my recent activity here.


    Best Wishes
    Paper Tiger
    om mani peme hum

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