Funtastic Limited requests the ASX to grant a Trading Halt in order for the Board to review the company's trading forecasts and market guidance.
I'd have thought the import condition would lift their SP also.You would have thought with the strong $A and them importing most of there product things would be looking good, they also said in August that sales were good and they were looking at entering the US market.
On the flip side the share price has been going one way and that’s down, they have had there problems as well so all doesn’t bode well for whatever guidance as to there earnings etc tomorrow.
I bought a small parcel at $1-24, so will watch with interest, but agree with niknah, any announcement is more likely going to be bad rather than good.
Fingers crossed im wrong.
Good point ROE
I just read smart investor magazine which had an article on FUN.
They seemed to think FUN had ironed out all its previous problems. They also mentioned which was interesting they believe a decrease in discretionary income won't necessarily decrease toy sales. They mentioned that most parents would sacrifice other spending so their kids can still enjoy toys, etc. Most probably due to the "nag" effect.
Do you guys believe FUN is good value now after decreasing 30%?
Cheers
Dave
There is always the parents and Uncles ;-)With increase mortgage repayment people has less $$$ to spend on toys
so natural affect earning in these stocks.
and the people who don't have the mortgage their kids all grown up
What to do with this stock now?Sadly i own it.Should i hang on for a takeover bid or just dump it fast.
WestPac hit it with a Sell/avoid also it listed as N/A to vital information as Dividend, PE, EPS, ect....There's nothing FUN about this stock (pun intended)
But seriously... Summing UP & to coin a famous Phrase.
RUN with the PROFIT.
Cut your LOSSES. (early)
IMO
SevenFX
Remember the dividend payment is around 11% atm.
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