sharetrader
Results 1 to 10 of 3023

Threaded View

  1. 10-02-2017, 12:32 PM #11
    Beagle
    Beagle is offline
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Was $5.00 in mid August 2016, 6 months ago and the 30 day MA is still over $3.00 so that's "tanking" in my book.

    EBITDA an overrated yardstick. Even if they make $5.5m this half after last half's $3.5m that $9m after tax and on 72m shares that's eps of only 12.5 cps (PE 20) and an EPS decline from last year.

    Turning to the technical's and looking at the chart, you'd be a very brave man to bottom pick here.
    Last edited by Beagle; 10-02-2017 at 12:33 PM.
    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
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules