SPK- Spark NZ (TELCO)

[percy]

The current price is a joke for a low growth company, on a PE of 20 its priced to grow like a mushroom.Lol

Enjoying the joke.!
I brought in a few months ago for their dividend,so a bit surprised by the share price strength.

[couta1]

Enjoying the joke.!
I brought in a few months ago for their dividend,so a bit surprised by the share price strength.

I've had some big holdings in SPK over the last few years and missed out on it's latest rise over $4 but I wouldn't touch it again unless it went below $3.80.

[bull....]

The current price is a joke for a low growth company, on a PE of 20 its priced to grow like a mushroom.Lol

wish you were still holding couta ? ,

say this too yourself everyday and the reverse for stocks in a downtrend

dont sell stocks in an uptrend
sell stocks in a downtrend

remember say this as soon as you wake up every day lol

[percy]

I've had some big holdings in SPK over the last few years and missed out on it's latest rise over $4 but I wouldn't touch it again unless it went below $3.80.

Brought for the divie so the SP does not concern me.

[couta1]

wish you were still holding couta ? ,

say this too yourself everyday and the reverse for stocks in a downtrend

dont sell stocks in an uptrend
sell stocks in a downtrend

remember say this as soon as you wake up every day lol

Lol, when I sold it was in a stagnant trend.PS-I buy and sell in all trends except for my no touchy holdings or if I believe the stock is trading above it's intrinsic value, works for me.

[oldtech]

"The trend is your friend till the bend at the end"

Still holding, enjoying the stellar rise, but keeping a very close eye on the SP ...

[couta1]

"The trend is your friend till the bend at the end"

Still holding, enjoying the stellar rise, but keeping a very close eye on the SP ...

Way to go if you have been holding since a much lower price otherwise no way IMO.

[thestg]

Sold out on 1st November at $3.99. Put the proceeds in ZEL on the 7 November at $5.30 so I feel I done OK out of that. Will look for the next drop in SPK & then see if it's worth selling ZEL & re-investing back into SPK.

[bull....]

The current price is a joke for a low growth company, on a PE of 20 its priced to grow like a mushroom.Lol

further to your comment , spark move into more sport content is a potential big growth area. sky tv is losing purchasing power which will allow spark over time to pick off more of there good business parts, which eventually im hoping will mean spark will replace sky as the dominant sport provider in nz. only need to look at sky to realise the potential big impact on cashflows such a position gives to the holder of this position.

[couta1]

further to your comment , spark move into more sport content is a potential big growth area. sky tv is losing purchasing power which will allow spark over time to pick off more of there good business parts, which eventually im hoping will mean spark will replace sky as the dominant sport provider in nz. only need to look at sky to realise the potential big impact on cashflows such a position gives to the holder of this position.

Time will tell I guess but unless SPK can justify it's current PE going forward I have no interest in the stock, same goes for CNU.