Hoping this drops to 2.36-2.58 range from where it is now at $3.90
That is somewhere around the current book value of $2.26 mrq so would make sense...0
I'll keep an eye on this one, as any bullish retracement will likely go against the news...
So bad news may be a good buying opportunity!
Here's hoping...! upside would go up by 3x...
Blast from the past, this was the second stock I bought back in 2005...
I'm from NZ so know the company, they own KFC, Pizza Hut, Taco Bell and Carls Junior so compete in the fast food industry, and kiwis love their fast food!!
Fundamentally this clearly has a story behind the fall - but I think it has overshot to the downside with basics like PE it is currently...
Investors, get ready to explore the world of media and entertainment with Sky Network Television Limited NPV. This company is at the forefront of delivering captivating content and presents an intriguing investment opportunity. Let's delve into why Sky Network Television Limited NPV is worth considering.
Technical Analysis:
Multiple Timeframes: Our analysis...
Rakon reported strong results today but the pièce de résistance was its dividend of 1.5c per share (roughly ~1.5% gross). We called for a dividend in our initiation of coverage on the company and we’re buoyed that management listened – we think this is crucial to unlocking shareholder value and valuing the stock at a multiple on par with its international peers....
Rakon is a NZ based manufacturer of frequency control chips which enable data transmission, particularly for satellites and the communications industry as a whole. The company forecasts HKEX:40 -43M of EBITDA for the FY23 and trades around 8x earnings. We think the company looks materially undervalued at 8x earnings, largely because the board has not declared a...
Could see a bottom in the NZ Dairy market, why..... Dairy its their biggest export market.
This can also help the fight against inflation and also with GDP as they could see a cool off in the housing/construction market due to Rate hikes.
Also seeing A2 and Fonterra companies doing well this last week with good amount of volume and a nice Gap in price indicates...
Air New Zealand is in a Wave 4 consolidation for continuation to the downside. Invalidation is a break to the upside of the purple box..
The catalysis would need to be something much worse than covid. And looking at other airlines it shares the same fate... is it possible could 'they' inflick some type of natural disaster that will disrupt travel?
Pushpay (-10.6%), the church management software company plunged to $1.10 after rumors surfaced that its buyout would not be progressing.
Pushpay would not confirm or deny the rumor, although noted that they were aware of the market speculation and were abiding by its NZX continuous disclosure obligation.
A cooperative bid from BGH Capital and Sixth Street...
So much Bullish sentiment for this market to run.
The pharmaceuticals aspect of this will be a breakthrough for medical use which will have adoption very quickly.
Not to mention recreational use also easing up in many parts of the world will see big demand.
Remember, do your own research!!
Although currently the COVID-19 is hitting the airline industry hard, it seems that New Zealand is somewhere between halfway to near its peak in the Omricon wave. According to the Rate Of Change on "Confirmed_NZ", NZ New cases usually plateau somewhere around 20. Currently the Rate Of Change is around 10. It is also being seen that the Rate Of Change is already...
For stable investors, we have seen the pandemic and preventive measures taken by the countries that have affected the airlines market, Suspension of flights, and the ban on receiving travelers in some countries, High oil, energy prices, and layoffs have made a huge collapse of airlines market.
for the New Zealand airlines, the time is coming to buy the small fish,...
