I disagree Jim. A competitor buying a loss making business is a legitimate business decision. Nothing to do with manipulating a share price inferred by your comments.
I'm not clear what you mean by fundamentals and safety used together in the same sentence. Fundamentally a company can appear sound with a history of profits but the SP still struggles, why? Because analysts and investigators, paid millions by paymasters, have discovered something on the horizon. You cannot call anything in the market safe - if it was literally 'safe' returns would be limited to the company's obvious YOY growth. It is because markets are unsafe that there are rewards to be had.
The market is forward thinking, if a price is moving rapidly up or down generally there is good reason. That reason might not be apparent and the SP might jump around but watch for a sustained movement. It need not be tied to fundamentals.
- Forums
- ASX - By Stock
- SGH
- Ann: Half Yearly Report and Accounts
SGH
sgh limited
Add to My Watchlist
0.09%
!
$44.43
Ann: Half Yearly Report and Accounts, page-246
-
Top Stories
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
The Watchlist
DBO
DIABLO RESOURCES LIMITED
Lyle Thorne, CEO
Lyle Thorne
CEO
SPONSORED BY The Market Online
