SKO - Serko.com

[percy]

Had quite a few pre November last year and recent decent sized purchases have taken them over the 5%

Sort of suggests they averaging down big time

Good on them.

Strong conviction.
Interesting.

[kiora]

Strong conviction.
Interesting.

Sold by Milford?
https://stocknessmonster.com/announc...ko.nzx-349568/

[percy]

Sold by Milford?
https://stocknessmonster.com/announc...ko.nzx-349568/

Average sale price $4.82 seems like excellent timing.

[winner69]

Average sale price $4.82 seems like excellent timing.

But the 5.7 million they held on to must be costing them heaps....wonder what they bought those for?

[percy]

But the 5.7 million they held on to must be costing them heaps....wonder what they bought those for?

Don't know but going from their disclosure of 4 th Dec they seem to have found a nice cash cow machine;
Brought at 3.24,Sold at $3.80.
Certainly must be bringing their average cost down.

[Balance]

But the 5.7 million they held on to must be costing them heaps....wonder what they bought those for?

Milford trade their core holdings at the margin - they do well from it.

Guess they will be hoping to buy back the 1m shares they sold at bargain basement price.

Good ebb & flow - feel the cool breeze on a lovely sunny day outside.

[Timesurfer]

Monday might hurt.

[RupertBear]

Monday might hurt.

Agree...I have a few....so it may be ugly ...but if it goes down heaps I will be buying more....its called DCA I am told or catching the falling knife

[Cadalac123]

Agree...I have a few....so it may be ugly ...but if it goes down heaps I will be buying more....its called DCA I am told or catching the falling knife

DCA with a one year horizon for SOLID companies with CASH FLOWS unaffected significantly by the current overreaction to the virus is the key. Provided you have analysed the companies balance sheet properly and have a good understanding of their debt and market dynamics

[RupertBear]

Think SKO is in for a thrashing on Monday, $1 on the cards for sure, WOW who would have seen this coming when it was sitting pretty around $5 not that long ago. Hopefully still a good long term hold. Patience young Bear