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31-05-2021, 06:38 PM
#571
Member
5% jump day before results. After being in the doldrums for some time.
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31-05-2021, 07:05 PM
#572
https://www.google.com/search?q=mate...vCsTAPt30,st:0
Originally Posted by Nor
5% jump day before results. After being in the doldrums for some time.
Last edited by justakiwi; 31-05-2021 at 07:08 PM.
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31-05-2021, 07:51 PM
#573
Member
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31-05-2021, 11:32 PM
#574
Charts are not the be-all and end-all. I prefer to study the company and get a good understanding of what it is they do. This company has smarts. They know what they are doing and understand the huge potential the electricity and telecommunications sectors present. Share price simply reflects the fact that I'm not the only one who believes it.
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01-06-2021, 02:20 AM
#575
Junior Member
The chart is telling us someone had inside knowledge and started buying before the announcement reversing a falling price trend.
That's what Nor is saying.
I like the prospects for IKE too but was a bit bemused at the sudden uptrend with no announcement myself.
All becomes clear now.
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01-06-2021, 06:23 AM
#576
Member
Originally Posted by Vee Vee
The chart is telling us someone had inside knowledge and started buying before the announcement reversing a falling price trend.
That's what Nor is saying.
I like the prospects for IKE too but was a bit bemused at the sudden uptrend with no announcement myself.
All becomes clear now.
Thanks Vee Vee.
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01-06-2021, 06:24 AM
#577
Originally Posted by Vee Vee
The chart is telling us someone had inside knowledge and started buying before the announcement reversing a falling price trend.
That's what Nor is saying.
I like the prospects for IKE too but was a bit bemused at the sudden uptrend with no announcement myself.
All becomes clear now.
Nah, i disagree. most of that info was in the public domain already, there was no bombshells in it. The share price will probably drop post results today as is normal for most companies currently
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01-06-2021, 07:46 AM
#578
Originally Posted by jimdog31
Nah, i disagree. most of that info was in the public domain already, there was no bombshells in it. The share price will probably drop post results today as is normal for most companies currently
Agree..... let's see what the SP does today before we subscribe to another conspiracy theory.
FWIW I think the FY21 result was well signalled and was no surprise. Much now depends on forward looking statements in today's analysts briefing.
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01-06-2021, 08:06 AM
#579
The chart is telling you someone started buying before the results announcement. It is not
telling you they had inside knowledge. That is nothing more than supposition. It is much more likely that whoever was buying was anticipating a positive results announcement and topping up in advance. If I had had funds available I'd have done exactly that.
But hey, what do I know.
Originally Posted by Vee Vee
The chart is telling us someone had inside knowledge and started buying before the announcement reversing a falling price trend.
That's what Nor is saying.
I like the prospects for IKE too but was a bit bemused at the sudden uptrend with no announcement myself.
All becomes clear now.
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01-06-2021, 08:09 AM
#580
Last Tuesday I brought GTK before their announcement on thursday as I thought it would be good.Got it right.
I think others were confident IKE would come up with the goods and got in before the announcement.
Just all normal to me,in fact I would say "no surprises there."
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