BOL - Boom Logistics
- Thread starter TheAbyss
- Start date
-
- Tags
- bol boom logistics
I think anything around these prices is still only fair buying for the long term investor.
Not for me though when realistically you might achieve a negative return over the next 12 months. Not good enough in today's bull market and investors are voting with their feet accordingly. Sell.
Not for me though when realistically you might achieve a negative return over the next 12 months. Not good enough in today's bull market and investors are voting with their feet accordingly. Sell.
isn't BOL a cyclical stock?
Is the time to buy when the sector is poor, and the time to sell when the sector is firing?
Big sell orders are appearing from nowhere.... if this continues it will not be long before we are in the $2.90 to $3.00 range. which i think would be value.
Either way I cant see anything which would change the current state in which BOL is being sold down.
Is the time to buy when the sector is poor, and the time to sell when the sector is firing?
Big sell orders are appearing from nowhere.... if this continues it will not be long before we are in the $2.90 to $3.00 range. which i think would be value.
Either way I cant see anything which would change the current state in which BOL is being sold down.
michael_selway
Coal & Phosphate, thats it!
- Joined
- 20 October 2005
- Posts
- 2,397
- Reactions
- 2
Hi, its worthabout $3 atm imo
Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 21.8 25.8 29.1 31.8
DPS 10.4 13.0 14.7 16.0
EPS(c) PE Growth
Year Ending 30-06-07 25.8 13.7 18.5%
Year Ending 30-06-08 29.1 12.2 12.8%
thx
MS
- Joined
- 17 August 2006
- Posts
- 7,811
- Reactions
- 8,429
Hi Michael, I'm certainly not going to try and dispute your figures cause fundamental analysis is not my strong point, but I am curious as to why Westpac would be interested in buying several million shares in BOL if it represented poor value atm .................. I would imagine their analysts would be be at least "reasonable" ............Perhaps it is because Banks are more conservative and look longer term than most?? ....... Just guessing ................. The chart is certainly a bit "ugly" atm, but, Momentum is diverging against price, which is often a pre-curser to a change in near term direction .................. I still hold a few so the current movement is certainly "interesting" ........... Cheers.
With stocks such as rinker, and james hardie linked to the US housing market, is BOL also effected by this sector?
I don't see a direct relationship, as they are well diversified. But it is linked to the Construction industry in some way?
We have already had one bounce for BOL. Should we expect another bounce within the next month?
I don't see a direct relationship, as they are well diversified. But it is linked to the Construction industry in some way?
We have already had one bounce for BOL. Should we expect another bounce within the next month?
I think its fair to say there is some sort of support around $3.50.
The fin review had an article on BOL, saying that it was oversold, due to the poor report and the resignation of the CEO.
However they also stated that BOL was backed by 6 out of 7 brokers with price targets of $4.61 due to the industrial sector not showing any signs of weakness.
Price targets are all well and good, but there are a lot of variables such as US economy, etc etc...
The fin review had an article on BOL, saying that it was oversold, due to the poor report and the resignation of the CEO.
However they also stated that BOL was backed by 6 out of 7 brokers with price targets of $4.61 due to the industrial sector not showing any signs of weakness.
Price targets are all well and good, but there are a lot of variables such as US economy, etc etc...
- Joined
- 7 October 2006
- Posts
- 877
- Reactions
- 0
Nothing to do with US. Thinking about the booming mining industry and national infrastructure upgrade, BOL has a very good future. Investors will see the value soon. Just a quick look at peers:
BOL: SP: $3.52 PE 14.13 PEG: 0.91 Div 3.3%
NHR: SP: $1.59 PE 10.06, PEG: 0.89 Div 4.6%
COA: SP: $4.89 PE 11.59, PEG: 1.05 Div 4.1%
- Joined
- 7 October 2006
- Posts
- 877
- Reactions
- 0
My view is about a sector in general. If you want to invest in a particular sector, PE or PEG, or div yield is only some of the aspects to consider. You might go through the company presentation first, then the annual reports, etc.. I guess you need to DYOR.
- Joined
- 14 October 2006
- Posts
- 253
- Reactions
- 0
Could it be that infrastructure companies are being re-rated similar to that of mmining giants such as BHP, RIO, OXR, ZFX where they trade on low PE's of 9-10?
The brokers can have them as a buy rating as much as they want, but it means nothing if the share price keeps dropping.
It has lost over 30% of its value in very short time.
Consolidation required, or at least a big bounce....
The brokers can have them as a buy rating as much as they want, but it means nothing if the share price keeps dropping.
It has lost over 30% of its value in very short time.
Consolidation required, or at least a big bounce....
A close of $3.33 is not a great result. It's heading faster towards the $3 mark than I thought it would.
I can't see what news is going to swing this stock back into favour.
Even when the market goes up BOL has been heading in the wrong direction.
The only thing that is looking more attractive at the moment is the dividend.
Anyone game to pick a bottom?
I can't see what news is going to swing this stock back into favour.
Even when the market goes up BOL has been heading in the wrong direction.
The only thing that is looking more attractive at the moment is the dividend.
Anyone game to pick a bottom?
- Joined
- 7 October 2006
- Posts
- 877
- Reactions
- 0
Ken, you have to ask yourself, are you a long term investor for value and growth, or just a short term trader?
Do you believe the story of booming mining industry and national infrastructure upgrade?
If you are a short term trader, you should never buy a falling stock, and use chart and TA. But if you are a long term investor, you should check the fundamentals constantly. The unusual cyclonic activity is a one-off issue, or repeat events?
Worry about share price every minute is not an investor, more like a short term trader.
Do you believe the story of booming mining industry and national infrastructure upgrade?
If you are a short term trader, you should never buy a falling stock, and use chart and TA. But if you are a long term investor, you should check the fundamentals constantly. The unusual cyclonic activity is a one-off issue, or repeat events?
Worry about share price every minute is not an investor, more like a short term trader.
Faircall,
Where do you see Boom in 3-5 years?
I was reading the January Smart Investor magazine and they talked about mega cycles, and BOL is in the sector which is set to benefit from this along with MAH.
My thinking is that with all the new mining companies floating, the industry must benefit BOL in some way.
With the current market cap, what would profits have to increase for BOL to be $5 $6 $10....
Is it fair to say short term we are looking at opportunity to get set on a growth stock offering yield?
Or are there people thinking BOL has peaked and its going to topple over...
Any chartist???
Where do you see Boom in 3-5 years?
I was reading the January Smart Investor magazine and they talked about mega cycles, and BOL is in the sector which is set to benefit from this along with MAH.
My thinking is that with all the new mining companies floating, the industry must benefit BOL in some way.
With the current market cap, what would profits have to increase for BOL to be $5 $6 $10....
Is it fair to say short term we are looking at opportunity to get set on a growth stock offering yield?
Or are there people thinking BOL has peaked and its going to topple over...
Any chartist???
