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jyse

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For my first post, I want to discuss about Paperlinx. It's been mentioned in a couple of posts before when it took a tumble in Apr / May due to profit downgrades (strong aussie dollar hurting US pricing, slowing demand, etc.,) but now seems to have bottomed out and making good grounds.

Anyone have any info on this?

hmm... how do you post an image???

Got it - it auto attaches :D
 

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Re: PPX - Paperlinx on the way back up

jyse said:
For my first post, I want to discuss about Paperlinx. It's been mentioned in a couple of posts before when it took a tumble in Apr / May due to profit downgrades (strong aussie dollar hurting US pricing, slowing demand, etc.,) but now seems to have bottomed out and making good grounds.
Click to expand...

Hi jyse,
Welcome to the forums, glad you managed to get the chart attached. There's an FAQ in the toolbar too.
From a quick glance at the line chart you posted it looks like an inverse head and shoulders reversal. Also a possible 123 set-up, still no trigger but need a better graph. If the AUD has a strong effect on the sp then watch out as the AUD maybe about to break upwards soon.

Just my initial view.
 
Re: PPX - Paperlinx on the way back up

I'm quite a novice at this but I figured they own Reflex papers which is synonymous for copy paper here AND at the current price, they forecast dividends put them at almost 9% so it seems a safe bet for me. Better than my ING account :D
 
Re: PPX - Paperlinx on the way back up

I think also Europe is important. The economies are slowing and PPX gets a lot of revenue from there. They are coming back. Also FPA is one that is also doing well after a large fall.
 
Re: PPX - Paperlinx on the way back up

This one seems to be falling back again- wonder if it's the AUD? Does it have such a big effect on this stock? Don't think so, has kinda gone sideways abit recently. Anyone got an updates on the FA?
 
Re: PPX - Paperlinx on the way back up

Today PPX broke above the highs of July, creating a small gap day.

Could this be the start of another run up, or are we perhaps about to see a small island reversal?

Hopefully the former, since I hold :D

Cheers,
GP
 

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Re: PPX - Paperlinx on the way back up

GreatPig said:
Today PPX broke above the highs of July, creating a small gap day.

Could this be the start of another run up, or are we perhaps about to see a small island reversal?

Hopefully the former, since I hold :D

Cheers,
GP
Click to expand...

Volume would be nice but it looks green lights all the way, might it re-test the resistance line?
 
Re: PPX - Paperlinx on the way back up

I think PPX was way overdone when it got hammered last year. I think the biggest concern at the time was management capability not the profit downgrade (which though unexpected was relatively small). There was a view at the time that management didn't understand why they were behind plan and many questioned why PPX's profit estimates had been based on an USD/AUD of 70c. PPX still generates a good cashflow and is the worlds largest fine paper merchant, I like PPX long-term. (note: I hold PPX stock).
 
Re: PPX - Paperlinx Limited

Anyone have any feelings on this

up 8% (25c) on a reasonable annual return and div announcement of 4.5c
I've been trading their swings but missed this one
could it be possibly be tied up in the Amcor rumblings?
Looks like BPC is out of that picture
John
 
Re: PPX - Paperlinx Limited

I've just bought into PPX. I feel lucky to have got it at $3.51

I feel it'll be good Medium-Long term.
 
Re: PPX - Paperlinx Limited

your be happy now its 4.40 in under a month from 3.50

-What I'd love to know is Why has is run so hard ,I've only looked over PPX very briefly so might be completely wrong but it's looking like a good short.


-the 300million offer to holders to buy some of PPX's dept with the chance to be paid in more PPX shares(diluting SH's)
-P/e- 30+ low divie 2%
-Higher AUD/USD looks likely - Oil price 60+ Interest rates world wide look to increase.
-Manufacturing isn't China & vietnam india undercutting the world in this sector.
-ASX200 over 6000 alot of anaylst talking up a large downward correction soon

-Theres my negatives

-Some postives -PPX SPS help retire dept ,Increasing revenue,solid Asset backing ,leading International paper merchant
 
Re: PPX - Paperlinx Limited

Being an absolute week of getting nothing right I sold it for $3.88.

AND BOUGHT FGL and ABS. :banghead:

Heres to a better week next week. :drink:
 
Re: PPX - Paperlinx Limited

JBMMMMMMMMMM said:
your be happy now its 4.40 in under a month from 3.50

-What I'd love to know is Why has is run so hard ,I've only looked over PPX very briefly so might be completely wrong but it's looking like a good short.


-the 300million offer to holders to buy some of PPX's dept with the chance to be paid in more PPX shares(diluting SH's)
-P/e- 30+ low divie 2%
-Higher AUD/USD looks likely - Oil price 60+ Interest rates world wide look to increase.
-Manufacturing isn't China & vietnam india undercutting the world in this sector.
-ASX200 over 6000 alot of anaylst talking up a large downward correction soon

-Theres my negatives

-Some postives -PPX SPS help retire dept ,Increasing revenue,solid Asset backing ,leading International paper merchant
Click to expand...


I agree JB (M times 10) .................. I had it short when it looked like it had double topped at $4 .................. , had to do some quick sidestepping when the fundamentals clashed with the technicals :D .......... Cheers.
 
Re: PPX - Paperlinx Limited

These 429 buyers must know something I don't
AUD up against USD
OIL up
Major sellers at 430

Come on buyers what makes you think PPX P/e -31 is a buy :banghead:

:cool: might take my short to 50,000
 
Re: PPX - Paperlinx Limited

At $2.50 it'd be getting a bit tasty.

I'll look at getting a few more if it gets to around $2.40

:2twocents
 
Re: PPX - Paperlinx Limited

This is the first time ive looked at PPX and other than the SP it looks like a
great business...merchants and manufacturers of fine paper.

Company Summary
  • $5.84 all time high in late 03
  • $3.80 52 week high
  • $1.67 low last week
  • Market Cap: 829,162,667
  • Issued Shares: 453,094,354

Sure the high dollar is an issue but the fact is that Australia is a great place
to make paper, as quality paper requires the long fibers found in Australian
eucalyptus trees....there's alot of plantations coming online now and in the
near future, so supply is a total non issue and mechanized harvesting will
help reduce costs in the long term.

Trading at near all time lows at the moment...all time chart below.

any fresh opinions?
 

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Re: PPX - Paperlinx Limited

The new facility is nearing completion and although over budget there has been an increase in the operation saving being budgeted.
 
Re: PPX - Paperlinx Limited

Up over 100% so far :eek:

News that it is selling some assetts or something. Never followed the stock before but thought it at least deserved a mention...
 
Re: PPX - Paperlinx Limited

prawn_86 said:
Up over 100% so far :eek:

News that it is selling some assetts or something. Never followed the stock before but thought it at least deserved a mention...
Click to expand...


Held this stock mainly for dividends for a few months a couple of years ago and got out with a small loss. Not really in a high-tech/high-growth industry, so I couldn't see a brilliant future for this one.
 
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