PPS - Praemium Limited

[barney]

Well Barney, I just topped up or dollar cost averaged at 20cents

We all know "averaging down" is Devil's worship don't we Homer You're only up 600% since that trade

 

[sptrawler]

@barney it looks like there is movement at the station.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02446266-3A580074?access_token=83ff96335c2d45a094df02a206a39ff4

 

[Dona Ferentes]

@barney it looks like there is movement at the station.

Praemium has rejected the approach. Scrip based offers are often dodgy

PPS is up 15% .... opened at $1.45 and holding around that level. NWL down 2%

 

[sptrawler]

Praemium has rejected the approach. Scrip based offers are often dodgy

PPS is up 15% .... opened at $1.45 and holding around that level. NWL down 2%

Yes Praemium seem to have a very good platform, the interest by Netwealth may well put them on the radar of other companies.

 

[barney]

Yes Praemium seem to have a very good platform, the interest by Netwealth may well put them on the radar of other companies.

Great when a plan comes together Homer! I am super chuffed on your behalf

 

[sptrawler]

Great when a plan comes together Homer! I am super chuffed on your behalf

View attachment 132217

Yep barney, the profits on Praemium, may well offset the losses on SO4, ah the joys of share ownership.

 

[Miner]

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02486095-3A587175?access_token=83ff96335c2d45a094df02a206a39ff4

THIS IS CALLED STRONG RESULT PER MGMT https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
But market flogged with a significant lash .

 

[barney]

Yep barney, the profits on Praemium, may well offset the losses on SO4, ah the joys of share ownership.

Hope you managed to bank a little profit before the recent fall

 

[sptrawler]

Hope you managed to bank a little profit before the recent fall

No, story of my life, hang on too long.
Still up 140%,but nothing like it was.

 

[sptrawler]

Hopefully have turned the corner. ?

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02511113-3A591853?access_token=83ff96335c2d45a094df02a206a39ff4

 

[frugal.rock]

Has caught my eye on the evening chart look sees.

Hopefully have turned the corner. ?

One to watch... not held.

 

[peter2]

Hopefully have turned the corner. ?

It's gone a long way down the wrong road. Looked like it was heading for the corner of Z1P and SZL.

 

[debtfree]

Quick weekly chart update ......... looks to have turn the corner but who knows in this market.

 

[bk1]

What can we say about the chart? (daily)
It looks awful, and who knows how much trapped money there is on the Left hand side.
However, it has risen from the oversold levels of June and July, and now has overcome resistance at 78c, which is where i took an entry.
I will be keeping the stops tight on this one.

 

[rcm617]

Pick for the yearly competition. Down to almost a quarter of the price when they rejected the takeover from NWL. Have warned of a slight decrease in margins and an increase in costs due to a drive to increase efficiency down the track. Still seems to be growing revenues.

 

[rcm617]

Fairly lackluster performance this month after their quarterly report which despite showing record FUA up 14% from the prior quarter, indicated that there was an outflow of $334 million from their powerwrap platform for the quarter and that this was likely to continue for the next six to nine months. Should be interesting to see when HY results come out on 26th Feb how this translates to the bottom line.

 

[debtfree]

Weekly Chart Update

 

[Tyre Kicker]

I liked the chart when it was at $1.50.

 

[Dona Ferentes]

It's gone a long way down the wrong road. Looked like it was heading for the corner of Z1P and SZL.

??
platform not bnpl/never

chart looks like a value destroyer par excellence, I'd agree

 

[rcm617]

HY results showed despite a lift in revenue NPAT halved due to increased expenses, something they will have to work on hard to decrease. Was starting to lift in price but the HY has sent it back down again.
They have agreed to buy the Iress Onevue business which will lift FUA by 17.5% and the terms seem to minimize risk with only $1m upfront and the rest on earn out.
This must be getting tempting for HUB or NWL.