Chart looks lousy, which matches my fundamental research conclusion
31. May:
Originally Posted by bull....
share price still consolidating at lows i reckon nothing in report to inspire confidence
today:
Originally Posted by bull....
nice bounce for this dog lol
Yeah - didn't your impeccable analysis tell us around 130 that MPG is ways overvalued? Look bull, maybe you should rename yourself to "bear" or alternatively take some basic lessons in how to research stock ...
It sort of sounds however you have some personal grievance with them ... why don't you tell us about your real agenda?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
If correct, where is the extra population from the current net immigration levels going to live? I wonder what is happening to the figures for number of occupants per dwelling.
They will live 6 to a room and be very happy .. They even have a toilet to squat on..
They will live 6 to a room and be very happy .. They even have a toilet to squat on..
so introducing meaningful policies to enable more affordable housing coupled with increased wages for the low paid may mean that some could move out of those cramped conditions. So the number of households could increase. That could benefit MPG.
Wonder if those building consent numbers on Monday (down 7% on ocp) isthe reason for the 5% drop in MPG share price this week
Nah, just coincidence
I guess SP just got a bit ahead of itself. Still well above the MA30 (and obviously MA100). Recon it will bounce somewhere around 145 and 142 (MA30), but don't take my word for it ...
Not worried at all ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Yeah - didn't your impeccable analysis tell us around 130 that MPG is ways overvalued? Look bull, maybe you should rename yourself to "bear" or alternatively take some basic lessons in how to research stock ...
It sort of sounds however you have some personal grievance with them ... why don't you tell us about your real agenda?
I brought in just recently on the low's, Look forward to seeing SP reach IPO price over the next 6 months and head towards 2+ over the next 12-18 months
I brought in just recently on the low's, Look forward to seeing SP reach IPO price over the next 6 months and head towards 2+ over the next 12-18 months
Welcome to the forum. It seems to me you're looking through nice clean glass and seeing the future very well. Nice timing on your purchase
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Metro love showing the chart below. They say NZ revenues tied to building consent numbers with a 9 month lag - the chart says it all
So the annual number of consents as at June 17 should be a reasonable indoicator of what NZ revenues might be for F18 (allowing for the lag)
Calculating it (based on data from 2012) suggests NZ revenue growth will be about 1.0% in F18. A quick and simople way would be to assume that as consents might be up 4.7% the revenues will be up 4.7%
Both myself and t_rexjr reckon the consents over the next 12 months will be less than what they are now. If we are right Metro NZ revenues will decline in F19
Can Metro be called a growth stock
Just saying
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by Beagle
Almost all dogs bark eventually mate
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