Australian (ASX) Stock Market Forum

LAU - Lindsay Australia

Most positive KPIs Down YET dividend up.

Don't know how to read this....... A bit distracted ATM but will look into it soon.

Inclined to average down bit a bottom dip considering it to most likely be a down day following the US Friday trading.
 
While I won't be biting, the LAU chart looks kind of promising. I'm suspecting a double low might have formed with the bullish weekly hammer candle made at start of November at ~0.82 followed by an apparent confirmation candle with stronger positive volume. This would also roughly meet my target of ~80c from the larger scale double top formed over 2023.
So got this wrong. Haven't taken an interest in the physical business but the H1 figures are very off-putting.
But now the chart has decisively broken support with a high volume nasty candle seems like a high risk proposition to bottom pick.

Not Held

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WEEKLY
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Mizikovsky Group sold down below 5% in November 2024
and SOL is still selling down gradually

i am still 70% up on this and recovered the investment cash twice over in 2023

trucking is a tough game , but without it the economy stops

i also hold KSC ( 'free-carried' ) up 170%

both are currently 'bottom-drawer ' stocks but you can't be totally passive with them to get good results

will look for around 35 cents ( for LAU ) before i have another nibble
 
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