SKO - Serko.com

[silu]

Intra day got as low as $0.86 from memory

Yeah that's when I was sweating bullets.

[Balance]

Yeah that's when I was sweating bullets.

When there's blood on the street .....

[RupertBear]

Geez still going down, quite surprised TBH….good buying under $3 apparently….but I can hear Baa Baa in my ear saying don't buy on a downtrend wait for the trend to change …. And so I wait …

[Rawz]

https://www.nzx.com/announcements/402493

ACC have purchased $7.2m worth of SKO stock between July and November. Now a substantial holder with 5.4% of shares

Nice one!

[t.rexjr]

https://www.nzx.com/announcements/402493

ACC have purchased $7.2m worth of SKO stock between July and November. Now a substantial holder with 5.4% of shares

Nice one!

And they've managed to keep SP at at 4 year lows (excluding Covid fire sale) while doing so...

[Rawz]

And they've managed to keep SP at at 4 year lows (excluding Covid fire sale) while doing so...

Maybe if they werent buying the sp would be below covid fire sale?

The avg price they paid for the $7m in shares was $3.23.
They have already lost $1.45m on the purchase with the sp at $2.59

thats peanuts for them so all good. win some you lose some

[t.rexjr]

Maybe if they werent buying the sp would be below covid fire sale?

The avg price they paid for the $7m in shares was $3.23.
They have already lost $1.45m on the purchase with the sp at $2.59

thats peanuts for them so all good. win some you lose some

This is true

Though I've noiced they're not the only ambush preditor so catching the falling knife is likley acceptable. I mean, they haven't sold some due to changing their minds have they.

It's a good time to be a preditor...

[silu]

Webjet reports that bookings are back to pre-pandemic levels. Bodes well for Serko.

[Balance]

Webjet reports that bookings are back to pre-pandemic levels. Bodes well for Serko.

Shhhhhhhh

We want nothing but negative postings until the results.

[Muse]

Webjet reports that bookings are back to pre-pandemic levels. Bodes well for Serko.

good old webjet...one of my fav pandemic investments. had been a long term admirer but never pulled the trigger. In very early days of the pandemic lots of the obviously effected companies started doing these heavily discounted rights issues so bought my first block of webjet shares at a bargain price and then got the opportunity to subscribe for new shares at i think A1.70 (now 6.20), which was massively discounted, and on a 2 for 1 basis. bit fuzzy now but think I managed to pick up some over subscriptions. a lot of kiwi IP in that company and chaired by a fine kiwi too.