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Thread: SKO - Serko.com

  1. #1341
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    Eye-watering plummet to $4, leading the market in loss this morning (-12%).
    Although it is a travel-industry stock, I would have thought AIA or AIR would have take more of a hit too.
    Disc: holding

  2. #1342
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    Yep The Bears heart almost stop when I saw it went below $4 yikes....not topping up just yet although its very tempting

  3. #1343
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    More than a whiff of panic in this mornings trading of SKO IMHO. However the traded volumes are not great.

    Reading the Update, SKO still anticipate a 20% revenue increase (lower end of previous predictions of 20 to 40%) and what I liked about the announcement is the huge (127%) increase in corporate customer numbers in the second half. Also much commentary on the USA market and focus on long term growth.

    Here's the release FYI

    Still a hold for me ( but then even at today's lowest SP I'm still well north of my av holding, so DYOR.)
    Last edited by Leftfield; 25-02-2020 at 02:10 PM.

  4. #1344
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    I got to say my net worth took a hit today. Still in the green though - the advantage of holding buy and hold stocks not trading stocks I guess.
    On the other hand I did take advantage of the opportunity to add. Even if it goes lower than here I am taking the punt that in a couple of years travel will be back to normal and the continued investment in R & D will see exponential revenue returns for SKO.

  5. #1345
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    Took the plunge and topped up @ $4.20, so far so good.............

  6. #1346
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    Quote Originally Posted by Timesurfer View Post
    I got to say my net worth took a hit today. Still in the green though - the advantage of holding buy and hold stocks not trading stocks I guess.
    On the other hand I did take advantage of the opportunity to add. Even if it goes lower than here I am taking the punt that in a couple of years travel will be back to normal and the continued investment in R & D will see exponential revenue returns for SKO.
    Just another day in the market.....both buyers and sellers thinking they are right. I much prefer your long term view. Guess we are both 'well positioned' (even if a little shaken!!)

  7. #1347
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    Quote Originally Posted by RupertBear View Post
    Took the plunge and topped up @ $4.20, so far so good.............
    Repeat after me ... always right to buy at $4

  8. #1348
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    Quote Originally Posted by Balance View Post
    Repeat after me ... always right to buy at $4
    Better at a lower price but I never really thought I'll get hit on my buy for 381 that was placed early last week. But thanks and let's see how low it can go ....

  9. #1349
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    Wow serko is honestly holding up a lot better than I thought.

  10. #1350
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    Quote Originally Posted by RGR367 View Post
    Better at a lower price but I never really thought I'll get hit on my buy for 381 that was placed early last week. But thanks and let's see how low it can go ....
    Closed at $4.03 on ASX.

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