Originally Posted by youngatheart $500k traded so far today - maybe some good news in the wings? Best to wait for business/trading update to be elaborated at ASM later in the month.
Originally Posted by sb9 Best to wait for business/trading update to be elaborated at ASM later in the month. Agree. Based on the known numbers and analyst forecasts do I see a forward PE of 65 without earnings growth. Not cheap. Sure - a leaking boat is always possible, but if this would be the case - would it be sensible to buy into a stock where insiders take the cream? Assuming all is above board I would think the next announcement might be as likely another downgrade (don't they come in threes?) as an upgrade ... Quite happy to watch from outside ...
---- "Prediction is very difficult, especially about the future" (Niels Bohr)
Well someone's being buying a lot today! I bet there'll be some SPH (significant shareholder notices) out tomorrow....
Up, up and away for the third day in a row now...
Originally Posted by youngatheart Up, up and away for the third day in a row now... Could well be due to one of big boys finished up selling their holding, still pays to wait for ASM update..
I held some of these from 2017 to 2019, and more or less broke even. As a patriotic New Zealander, I would really like them to succeed, but an observation from the NZSA - "We note 80% of the Balance Sheet comprises Goodwill and Intangibles."
80 percent is pushing it but these guys were performing as a top in their industry to be fair at some stage
Interesting article talking about the affected tech businesses by the Brexit. https://www.techrepublic.com/article...a-cheat-sheet/
CEO leaving ... jumped or pushed?
Originally Posted by theace CEO leaving ... jumped or pushed? He got thanked for his efforts .....maybe it was all getting too tough for him
Last edited by winner69; 24-02-2020 at 10:19 AM.
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Originally Posted by youngatheart
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