The key date is 7/2, when they provide their first quarter trading update. Interestingly for all of 2012, whenever they announced quarterly trading results or half-year, full-year results, the results have always disappointed and the share price inevitably tanked, but only to regain losses and set a new near term high. The trick has been in getting out a few weeks or so before the next trading update/results announcement.
If they announce another weak result with around $1.4 billion in cash earnings, I expect share price to tank by $1-1.5 but to bounce back and breach $28.50 before next ex-div date again. If there is a positive surprise, $30 may be very easily within reach but I don't like the odds for that.
nab - what gives?, page-36
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$39.42 |
Change
0.560(1.44%) |
Mkt cap ! $121.3B | |||
| Open | High | Low | Value | Volume |
| $38.91 | $39.42 | $38.82 | $199.2M | 5.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9542 | $39.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.42 | 66055 | 8 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |