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WPP - WPP AUNZ Limited

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Re: SGN - STW Communications Group

Hi Tech/A

I'm not at liberty to know why they would be selling at this point - perhaps they need the funds or they see a positive from selling at this price - In other words noone knows except them.

However from the charts I can see an opportunity on this particular stock and at this point in time I would personally call it a long entry.

Cheers.

Lachlan.

tech/a said:
Whats your take on this then?
Why would a fund take profit now if they thought it wasnt at a high?

http://www.stocknessmonster.com/news-item?S=SGN&E=ASX&N=597974
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Re: SGN - STW Communications Group

Weakness showing through on SGN at the moment - Would exit and look for entry at another time.
 

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Re: SGN - STW Communications Group

Just wanted to see what ASF folks have written on SGN considering the constant south direction of this scrip.
OMG - no posting since 2011 ?
What is wrong with the scrip that has lost any one to comment ?
Surely there are people following this and appreciate to know their views on this company's future.
Common sense says with industrial down turn advertisement revenues will be worse. But at the same time companies like REA, CAR are doing well.
So must be something wrong with SGN ?
Ready to learn
 
Re: SGN - STW Communications Group

Hi Miner,

As you may well know shortly after your most recent post (on this thread) the stock bottomed out then made a run up just shy of the 80 cent mark. It then again went down just short of the previous low before rebounding back up where we saw another 52 week high of $1.24 before closing at $1.22 (nearly 5% rise on the day). I have attached 2 charts, P&F & Candle daily. Both show you that volume is on the rise.

Please do your own research before possibly purchasing or selling this stock.

160513 - SGNs.jpg

160513 - SGNMs.jpg​
 
Re: SGN - STW Communications Group

Done well with SGN, bought the because I believed they were over sold and under valued, have payed nice yield and now a significant capital gain. But hey, buy & hold is dead and FA doesnt work. :D
 
Re: SGN - STW Communications Group

galumay said:
Done well with SGN, bought the because I believed they were over sold and under valued, have payed nice yield and now a significant capital gain. But hey, buy & hold is dead and FA doesnt work. :D
Click to expand...

I am glad the stock has turned out well for you galumay.:)

I though I would put another perspective using both FA and TA on SGN as I believe you could have made better returns for the time you have had your money invested in this stock 514 days and maybe some newbies might be interested.

I use stock doctor for my FA requirements and use TA for my entries and exits.

I certainly would not be able to withstand a -45% decline from my purchase price which is what originally happened.

I have added the chart of SGN and what I believe would have been a better entry and also an excel spread sheet with both results.


SGN GAULAMAY.jpg


View attachment ALL TRADES SUMMARY SGN.xls
 
Re: SGN - STW Communications Group

Hind sight is a wonderful thing!

I will stick to what I know and understand, thanks. Not a believer in combining TA & FA, the two approaches are diametrically opposed and require different world views about markets. But I am happy for you if you have found a strategy that suits you and you have confidence in it.
 
Re: SGN - STW Communications Group

Thanks for the chart Triathlete.

I found it very interesting seeing the correlation of Stockdoctor comments and the share price action. I have always thought (even though I have never purchased it) that it appears to be a very good product.

However, for people like me who don't have much (of our own money invested in the market) it is rather expensive. Yet I may consider it should I run my own SMSF.

Obviously it suits your purpose but are there any negatives potential buyers should be aware of before buying?

Btw, thanks for the spreadsheet;) not that I have a need for it presently but when I win tats-lotto it will be very useful - I presume there isn't any copyright on it?

Cheers
PB
 
On May 30th, 2016, STW Communications Group Limited (SGN) changed its name and ASX code to WPP AUNZ Limited (WPP).
 
WPP was picked up on my weekly scan and it looks set to hold break out of 40c....

Also I noticed the Dividend Yield was very nice.


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Market Index

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On May 19th, 2021, WPP AUNZ Limited (WPP) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between WPP and its shareholders in connection with the acquisition of all the issued capital in WPP by Cavendish Holdings B.V., an indirect wholly-owned subsidiary of WPP plc.
 
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