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25-02-2020, 12:20 PM
#1341
Member
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
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25-02-2020, 12:50 PM
#1342
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25-02-2020, 12:53 PM
#1343
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.
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25-02-2020, 02:11 PM
#1344
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.
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25-02-2020, 04:12 PM
#1345
Took the plunge and topped up @ $4.20, so far so good.............
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25-02-2020, 04:14 PM
#1346
Originally Posted by Timesurfer
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!!)
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25-02-2020, 04:27 PM
#1347
Originally Posted by RupertBear
Took the plunge and topped up @ $4.20, so far so good....... ......
Repeat after me ... always right to buy at $4
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02-03-2020, 02:15 PM
#1348
Originally Posted by Balance
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 ....
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02-03-2020, 04:47 PM
#1349
Wow serko is honestly holding up a lot better than I thought.
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02-03-2020, 06:43 PM
#1350
Originally Posted by RGR367
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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