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ASX shockers

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skyQuake said:
OGC - 02/02/2017 Mine suspended 'again'
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I can't believe how high OGC traded given this was hanging over their head.

Also today...
DOW 2/2/2017 +13% (was +20% at one stage) Profit beat
ELX 2/2/2017 -10% (was -15% at one stage) Profit downgrade
 
skc said:
3 new shockers today
GBT 1/2/2017 Profit warning
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Came very close to buying GBT a few weeks ago, bullet dodged...im starting to think that we may be a approaching a sell everything moment, all this negativity - Trump, Brexit, the Russians, EU break up, oh and the ever present China debt blow up.
 
So_Cynical said:
im starting to think that we may be a approaching a sell everything moment, all this negativity - Trump, Brexit, the Russians, EU break up, oh and the ever present China debt blow up.
Click to expand...

It's been 10 years so probably about time. Apparently a year ending in 7 is usually bad in terms of market.
2007 GFC
1997 Asian financial crisis
1987 Black Monday crash

Should probably bring this discussion to this thread.
https://www.aussiestockforums.com/t...ets-traders-banter.24462/page-212#post-936254

Back to Shockers... here's Charlie Aitken talking about the market on Sky. A few shockers got mentioned.

http://www.switzer.com.au/video/charlie-aitken-20170131/

FWIW, I think there's a fair chance DMP will make it onto this list at some stage. Increase wage, Sunday surcharge, CEO acting like a precious prince who no one can criticise, ultra high expectations AND a falling share price chart...
 
skc said:
FWIW, I think there's a fair chance DMP will make it onto this list at some stage. Increase wage, Sunday surcharge, CEO acting like a precious prince who no one can criticise, ultra high expectations AND a falling share price chart...
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Anecdotally speaking, deliveroo, uberEats, foodora, menulog etc have been stealing their lunch!
 
skc said:
....

FWIW, I think there's a fair chance DMP will make it onto this list at some stage. Increase wage, Sunday surcharge, CEO acting like a precious prince who no one can criticise, ultra high expectations AND a falling share price chart...
Click to expand...

Weekly chart gave a bit of a warning a while ago. I have never held it, should have though

(click to expand)
 
CL1 +16.7% 9/2/2017 - Good half yearly update
BWX +16.0% 9/2/2017 - Good half yearly update

Both these companies have reported excellent operational performance... however it's hard to know what is a "reasonable price" to pay for them. They have traded somewhere between PE 20-60x in the past 12 months.... that's a big range.

PDN +15.5% 9/2/2017 - Uranium is hot...
 
I guess I can put HOT in here as it's not exactly setting the world on fire
 
skc said:
FWIW, I think there's a fair chance DMP will make it onto this list at some stage. Increase wage, Sunday surcharge, CEO acting like a precious prince who no one can criticise, ultra high expectations AND a falling share price chart...
Click to expand...

-12.5% with about 1 hour to go. Come on DMP... you can do it.
 
PRY
Market didn't like the report. 4.8cFF divi is also underwhelming for a $4 wannabe.
 
16/2/2017 SGH - Slator and Gordon... you've done it again. -25% on market update. Still cashflow negative. Recapitalisation needed. How can the market not know that?!?!

16/2/2017 EVT - It was down 15% at one stage. Apparently Star Wars:The Rouge One was nowhere near as good as Star Wars: The Force Awakens.

Also worthy of mention:
HSN - Down over 20% at one stage on the half year report. Growth's a bit low for 30x PE I guess.
 
WOR - even after 3 Class actions, they still haven't changed their reporting habits.

 
CSV 20/2/2017 This is the 3rd time in the last 6 month that CSV has been smashed on falling financial metrics. Share price went from $1.60 as recently as August to 46c today.
 
Plenty of reporting entities today and plenty of big movers. Of note:

22/2/2017
ISD -35% - It's not a growth stock anymore!\
TWR +17% - Takeover war brewing
GFY -15% - You guys suck!

Other noted movers that didn't meet the 15% cutoff included BKL, VOC, WTC, MMS, HLO

And on the specie end:
ERA -13% - Uranium cooling
LYC - 12.5% - Cooling after a strong run
 
Last edited:
23/2/17:
AAD as if the recent fatalities weren't enough bad news
LYC
ARU - after all the REO excitement, a reality check was needed
 
Plenty of reporting, plenty of movers
AAD -22% - Dreamworld tragedy, poor main event sales. Opened flat.
TCH +25% - Merger with AFY at 50% premium.
EHE +14% - No more bad news
XIP -19% - Whenever you see private equity listing companies in the same sector in quick succession (IPH, XIP, QIP), stay alert.
SKT -12% - NZ blocks merger with Vodafone on competition grounds. Seems pretty silly to me. The competition to cable TV these days is just about the entire internet.
 
A3D -13%; What a placement is that? $2.50 at a time when the Market paid over $1 more?
 
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