Good luck trying to fish NST for $8.30 or lower (Gold would need to crash imo & this ain't going to happen anytime soon)
Good luck trying to fish NST for $8.30 or lower (Gold would need to crash imo & this ain't going to happen anytime soon)Hi Rabbit,
Last looked at BHP 21/8/21, their IV was $44.30 to $55.23, Margins of Safety were Very Good, Ratio’s were also Very Good, BUT because BHP’s SP ($47.69) is above the Lower IV, it is not a Buy for me ATM. I would like to see $40 or lower.
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Last looked at NST 21/8/21, their IV was $7.39 to $8.83, Margins of Safety were Very Good, Ratio’s were also Very Good, BUT because NST’s SP ($10.80) is way above the Lower IV, it is not a Buy for me ATM. I would like to see $8.30 or lower.
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The following is part of my current Analysis Spreadsheet.
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The following are some of the better stocks atm IMO.
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Cheers M8.
There is a possible price channel in play with NST and if so you might get lucky around $8.70 down the track but if price rises to close confidently above $11 I'd see prices going the other way - to around $13.70. If I had to guess, I'd go for higher rather than lower prices.Good luck trying to fish NST for $8.30 or lower (Gold would need to crash imo & this ain't going to happen anytime soon)
Once again Thank you for your weekly posting. In my situation, I agree with your comments re the 2 new stocks. With a lot of recent turbulence either domestically or Globally, I have no interest in trying to spend time investigating or studying new kids on the block, so to speak. Happy enough to keep what I have floating n not standing on sinking ground. Only my opinion or ramblings on the following stocks...No great revelations in this weeks blog which discusses the fear of missing out (FOMO) with hot stocks like CXO and LKE.
May the Force (the current rally) be with you.
See my blog later today but I think COH, BPT and FLT are good prospects in the current climate. As a medium term trader I've never been a great fan of BHP for a range of reasons but with the Covid downturn in Chinese steel production and a potential hit to their economy due to Xi's dogged determination to beat Covid (my money is on the virus) - I'd be avoiding anything that has strong reliance on Chinese demand or supply in the short term.Good morning. Thought I will jump in first before your posting. Friday DJ had a big fall and our market was down too. I fear what will hit us on Tuesday. Had just revised my Outstanding Buy prices. Have an extra cash 25K on standby to hop on BHP, looking in between $40 -$44.
Any wise thought to which train but not buses on the bumpy road for your holidays should you have this windfall?
Why would Xi shoot himself in the foot by crippling the economy? There was an article in the Age a few days ago that suggested the millions he's locked down are getting restless. All authoritarian governments seem to eventually collapse once their constituents see them for what they are (or like Hitler and maybe Putin if he makes a move on a NATO member, they start to believe they can walk on water and push things beyond their ability to control). It makes sense that such a huge population that hasn't been impacted by Covid to date would be largely unvaccinated and as we know now you don't need 2 shots but perhaps 4 or more to keep one step ahead of the virus - a big job in China. The Age article suggested a likely 2 million death toll which sounds huge (and it probably is if you are one of the 2 million) but its still a tiny percentage of China's population (about .15% I think).regarding the virus situation in China , i am starting to wonder if China is actually using this to reduce/ban exports ( and strangle imports )
maybe i have mixed with too many devious people , but i am sensing a deceased rodent .
I am not saying who is right or wrong but will speak the truth as far as I understand. Agreed that All authoritarian government will eventually collapse however with a larger population n vast land, the country or family needs a strong leader to lead and take charge otherwise it stays stagnant. As well as we do agreed that Covid to date requires 2 to 4 or more future shots to combat mutation variants as like flu. To date there are still millions of unvaccinated citizens that lives in remote villages all over the country and may even unheard of Covid. These people lives peacefully on their land and have nothing to do with city lights money chasers. This gives me another reason to voice that COAL is always needed in China, India and other parts of South East Asia, truely uncomprehend by Developed Western Countries who wants to lead the World in Climate Change. Sounds good to the ears but evil to the innocent remote villagers that only know how to live a simple life.Why would Xi shoot himself in the foot by crippling the economy? There was an article in the Age a few days ago that suggested the millions he's locked down are getting restless. All authoritarian governments seem to eventually collapse once their constituents see them for what they are (or like Hitler and maybe Putin if he makes a move on a NATO member, they start to believe they can walk on water and push things beyond their ability to control). It makes sense that such a huge population that hasn't been impacted by Covid to date would be largely unvaccinated and as we know now you don't need 2 shots but perhaps 4 or more to keep one step ahead of the virus - a big job in China. The Age article suggested a likely 2 million death toll which sounds huge (and it probably is if you are one of the 2 million) but its still a tiny percentage of China's population (about .15% I think).
has he ( shot himself in the foot ) ??Why would Xi shoot himself in the foot by crippling the economy? There was an article in the Age a few days ago that suggested the millions he's locked down are getting restless. All authoritarian governments seem to eventually collapse once their constituents see them for what they are (or like Hitler and maybe Putin if he makes a move on a NATO member, they start to believe they can walk on water and push things beyond their ability to control). It makes sense that such a huge population that hasn't been impacted by Covid to date would be largely unvaccinated and as we know now you don't need 2 shots but perhaps 4 or more to keep one step ahead of the virus - a big job in China. The Age article suggested a likely 2 million death toll which sounds huge (and it probably is if you are one of the 2 million) but its still a tiny percentage of China's population (about .15% I think).
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