Malibu Boats filed an 8k with the SEC reporting the departure of its largest wake boat dealership group Tommy's Boats and an impending lawsuit filed by Tommy's Boats as well. Per the 8k, Tommy's Boats alleges among other things, "unjust enrichment". Tommy's Boats represented 33% of the powerboat sales category for Malibu and over 10% of the consolidated...
Malibu Boats Inc. (NASDAQ: NASDAQ:MBUU ) has long been a stalwart, known for its high-quality performance sport boats and a strong market presence in the United States. However, the company recently weathered a stormy fiscal quarter, marked by a significant downturn in key financial metrics. As the industry faces headwinds in the form of weak retail demand and...
With long term support broken and weekly gap right below, this name will likely trade down below 41. Strong fundamental suggests a turnaround at a micro level but macro headwinds/ recession fear might hit recreational industry hard, thus creating amazing buying opportunity.
This name deserves a spot on the watchlist!
PS - Not financial advice. Do your own due...
MBUU - ready to turn corner soon?? perhaps UP...and UP...at some point...as it is a STRONG BUY RATING....It should hold at this spot for support levels.. imo. We shall see. EITHER WAY IT IS BUILDING A BASE AT THIS SUPPORT LEVEL NOW --- from what I can see...
It has just layed low for volume in the past week or so.. during this panic MARKET sell, none the less...
MBUU - nice steady bounce UP --- off of the 618 Fib chartingLine IMO. with room to grow again... IMO.
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Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we...
MBUU - Malibu Boats getting close to the 618 Fib Retract levels ----- After a bit more pulldown possible into the mid $44 range --(if needed) ---- then some buy in opportunities could be here.. IMO
NEW YORK Analysts Target US $55.71 ▲ (21% Upside)
Rated Zack -1 - Strong BUY.
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Disclaimer:
Always do your own due diligence,...
MBUU -- terrific CLIMB upwards ---- as was indicated. Reached the highs ---- it may need to cross the line to gain more momentum or it will retract a bit now. IMO
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Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any...
MBUU --- MALIBU--- another view form the DAY CHANNEL longer term, it could also still see a bit more gains for now riding upward..... first before pulling back.
We shall see...
Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis...
MBUU - MALIBU BOATS . 7-11 % rise and pullback . within the channel.... Look to me as it is nearing a top and MAY possibly pullback for a bit.... Take some profits off if needed.
Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis...
MALIBU BOATS --- on the daily it NOW reached the top. It should prgress downward in the daily channel before it rises again ---- higher lows to be achieved first. It may drop down into the lower $41.00 - $41.50 range first ---- from what I see, before another climb. Thank you.
Disclaimer:
Always do your own due diligence, full research, and homework, and consult...
MBUU -- Malibu Boats --- nice climb out of the downward on the WEEKLY channel view !!
may move up --- possible 28% gains before a resistance point. Interesting news and recents BUYS from analysts. Lets see how it start to play this coming weeks.
If it continues -- The breakout came back at Mid November 2019 --- since then it has continued this upward...
