FWD - Fleetwood Limited

[piggybank]

Up today by 15% maybe they already know whats going to be said at tomorrows Advance Notice of Half Year Results Announcement and Investor Briefing

 

[skc]

Up today by 15% maybe they already know whats going to be said at tomorrows Advance Notice of Half Year Results Announcement and Investor Briefing

Or may be they announced a big accommodation deal with RIO this morning

 

[burglar]

Or may be they announced a big accommodation deal with RIO this morning

Delivering the promise!

 

[piggybank]

Or may be they announced a big accommodation deal with RIO this morning

I noticed that release prior to my post but I didn't think something like that would help the stock price to increase by 15% - just shows you what I know - Jack S---

Her is the release I was referring to:- http://www.stocknessmonster.com/news-item?S=FWD&E=ASX&N=710695

PB

 

[agumby]

On 22/7/15 shares in Fleetwood Corporation surged after the company announced it would had secured $62.2 million from the sale of its Osprey Key Worker Village in Port Hedland and would use the funds to pay off company debt.
https://au.news.yahoo.com/thewest/wa/a/29009199/fleetwood-surges-on-osprey-sale/

The company said it had executed documents with the WA Housing Authority on Monday constituting final commercial terms for the sale and purchase of the village.

Under the terms of the deal, Fleetwood received $62.2 million and will receive an income stream from the management of the village for the next 14 years.

Fleetwood said it had assigned the $62.2 million sum to its financier Westpac, reducing the company’s debt to zero.


This follow on from their announcement in May of a supply deal of manufactured home to Gateway Lifestyle exclusively for at least two years with a two-year extension option.

https://au.news.yahoo.com/thewest/wa/a/28103447/fleetwood-up-on-home-deal/

 

[Boggo]

FWD popped its head up in a weekly scan last night.

(click to expand)

 

[sinner]

FWD popped its head up in a weekly scan last night.

(click to expand)

Hi Boggo,

I have always wanted to ask.

What are the lines?

I am guessing they are the midpoint of a Donchian channel?

 

[Boggo]

Hi Boggo,

I have always wanted to ask.

What are the lines?

I am guessing they are the midpoint of a Donchian channel?

Sorry sinner, just saw this post just now.

Very basic, previously a Metastock exploration now coded in Amibroker, blue is a HHV and the yellow is an ATR stop all weekly charts and signals.

FWD is still slowly continuing upwards, about 30c or 16% since first signal.

Cheers

 

[sinner]

Sorry sinner, just saw this post just now.

Very basic, previously a Metastock exploration now coded in Amibroker, blue is a HHV and the yellow is an ATR stop all weekly charts and signals.

FWD is still slowly continuing upwards, about 30c or 16% since first signal.

Cheers

Thanks Boggo, so I guess the ATR stop is the HHV minus N*ATR.

 

[Value Hunter]

I noticed recently two funds known for activist investing Sandon Capital (SNC) and MErcantile Investments (MVT) have both become substantial shareholders in Fleetwood (FWD). Given the stock is trading at a substantial discount to NTA and the company reported a loss in the most recent half year period, perhaps the activists are looking to shake things up or pressure the company to sell off assets. Watch this space.

 

[So_Cynical]

I noticed recently two funds known for activist investing Sandon Capital (SNC) and MErcantile Investments (MVT) have both become substantial shareholders in Fleetwood (FWD).

Yes i noticed the Sandon announcement...reminds me that i meant to revisit Fleetwood.

 

[galumay]

Yes i noticed the Sandon announcement...reminds me that i meant to revisit Fleetwood.

...me too....i revisited them....it was a short trip and reminded me why i havent any skin in the game!

 

[So_Cynical]

Trading at 1.95 today, a nice little run up from early June and 1.65.

 

[noirua]

A good chance Fleetwood are heading for a good recovery. Having been $14 some time back. Lost its way due to mining rental deals during the collapse.

 

[tech/a]

Posted in charts of interest yesterday if interested

 

[So_Cynical]

Posted in charts of interest yesterday if interested

Thanks - was interested 10 months ago at 1.90 now FWD is 2.80 its not as appealing.

 

[tech/a]

Thanks - was interested 10 months ago at 1.90 now FWD is 2.80 its not as appealing.

So you wouldn't trade it?

 

[Value Hunter]

I briefly looked at it in 2016 when the shares were around $1.20 and it looked cheap to me at the time but I decided against investing as I did not like the management (at the time - some of the key people have since changed) who seemed overly promotional and short-term focused after listening to their audio slide presentations.

 

[peter2]

FWD is near another significant chart break-out. The weekly chart looks promising but the monthly chart reminds us that this company is recovering from it's earlier problems. The daily traded volume is very low. A short term trader would have to be very careful not to get stuck if the buyers disappeared.

 

[debtfree]

Peter: Yes the daily volume is very low at times. With volume put aside for a moment, would the Reporting Date on the 16th Feb chase you away on a daily view?
What about on a Weekly View?