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21-08-2019, 10:57 AM
#13611
Originally Posted by Ggcc
I had no choice I bought more.
Its always a good idea (buy/sell) with stocks like A2 to wait and see till ASX opens..
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21-08-2019, 11:00 AM
#13612
Very good value at these prices, simple as that.
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21-08-2019, 11:00 AM
#13613
Originally Posted by sb9
Its always a good idea (buy/sell) with stocks like A2 to wait and see till ASX opens..
Normally I would agree. I am taking a punt and hope it pays off
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21-08-2019, 11:03 AM
#13614
Originally Posted by bull....
the asx players will savage this i reckon down 20%? today
Spoken like a true Shorter.
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21-08-2019, 11:05 AM
#13615
Hits target and slaughtered
NEW GS TPs A$17.40/NZ$18.30 on CL BUY................
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21-08-2019, 11:06 AM
#13616
Member
A2 is a high growth stock so it's always going to be volatile, as the instos adjust their forward looking projections.
Like the momentum building the US (although costly.)
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21-08-2019, 11:06 AM
#13617
Member
Originally Posted by Ggcc
Normally I would agree. I am taking a punt and hope it pays off
I've done the same thing. A bit of a risk but surely the result doesn't justify more than a 15% reduction.
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21-08-2019, 11:08 AM
#13618
Originally Posted by Chanchay
I've done the same thing. A bit of a risk but surely the result doesn't justify more than a 15% reduction.
I see no risk just upside regardless of what the Aussies do.
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21-08-2019, 11:10 AM
#13619
Mmm just catching up with the results and market reaction. Not a happy day for my portfolio.
NZX SP price slaughter looks like an over-reaction to me (but time will tell.)
My biggest negative is the increased advertising/marketing spend, I just hope it is well targeted and well thought out.....in David Ogilvly's words, "I know half my advertising spend is wasted, trouble is I don't know which half."
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21-08-2019, 11:20 AM
#13620
Originally Posted by Left field
Mmm just catching up with the results and market reaction. Not a happy day for my portfolio.
NZX SP price slaughter looks like an over-reaction to me (but time will tell.)
My biggest negative is the increased advertising/marketing spend, I just hope it is well targeted and well thought out.....in David Ogilvly's words, "I know half my advertising spend is wasted, trouble is I don't know which half."
Completely agree, time will tell on that one. However when you know Gross Margins pretty much stay consistent and their revenue just grew by 41% of an already large base, strip out those costs as assuming they will decrease in the future and this beast is really spitting out some cash and is highly profitable.
Last edited by NZSilver; 21-08-2019 at 11:22 AM.
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