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  1. #2331
    Member
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    Jan 2018
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    The worst performing share until a few months back ago is now one of my best performing shares. Good that I believed in this company and stayed underwater until now.

  2. #2332
    Guru
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    Jul 2002
    Location
    New Zealand.
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    Up another 12% today and imho pushing towards .40 !!

  3. #2333
    CEO, NZ Shareholders Association
    Join Date
    May 2017
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    Wellington
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    593

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    I'm happy too :-)!
    BUT I think they will get a "please explain" request from NZX...a large rise with no public information...

  4. #2334
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    Quote Originally Posted by SylvesterCat View Post
    I'm happy too :-)!
    BUT I think they will get a "please explain" request from NZX...a large rise with no public information...
    Was among brokers picks for 'Top performers in 2019' that the Herald run every year.
    Bought in in November after seeing great growth and maiden profit. At .23 it was a bargain.
    Now up 60% in 2 months and will hold long-term.

  5. #2335
    Outside thinking.
    Join Date
    Jan 2013
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    Quote Originally Posted by SylvesterCat View Post
    I'm happy too :-)!
    BUT I think they will get a "please explain" request from NZX...a large rise with no public information...
    Could well be manipulation. No substantial news, and big price moves on low volumes. Pretty typical January trading while the big boys are on holiday.

  6. #2336
    Guru
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    Feb 2005
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    Auckland, , New Zealand.
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    3,227

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    There are enough people on here to react to the positive posts over the last 2-3 days.

  7. #2337
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
    Join Date
    Oct 2013
    Posts
    1,132

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    Don't forget low liquidity in the stock, even just small buying will push this up pretty high. This can be positive or negative.

  8. #2338
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    Jul 2002
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    New Zealand.
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    Quote Originally Posted by Left field View Post
    Could well be manipulation. No substantial news, and big price moves on low volumes. Pretty typical January trading while the big boys are on holiday.
    L F , Didn't you read the Scobie Ward notice they upped their holding from 8.70% to 10 .47% just before Xmass, they wouldn't have done that for no reason .

  9. #2339
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    New Zealand.
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    Quote Originally Posted by whatsup View Post
    L F , Didn't you read the Scobie Ward notice they upped their holding from 8.70% to 10 .47% just before Xmass, they wouldn't have done that for no reason .
    Google Scobie Ward = angle investor out of Hong Kong

  10. #2340
    Outside thinking.
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    Jan 2013
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    Quote Originally Posted by whatsup View Post
    L F , Didn't you read the Scobie Ward notice they upped their holding from 8.70% to 10 .47% just before Xmass, they wouldn't have done that for no reason .
    I read the notice and hope you're right. (Disc I own some, and I picked PLX for the Y19 comp.)

    That said, I still regard much of Jan trading as 'untypical' (low vols etc.) Time will tell.

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