HVN 1.09% $4.53 harvey norman holdings limited

re: you fools ! buy hvn !, page-10

  1. 4,770 Posts.
    re: hvn dangerous rise on thin volume I see some foolish analysis of a crossing as genuine trading volume. More likely a tax move or a fund shift.

    The market is proving me right again. Weak stocks like this traded by the uneducated new wave leveraged investor are very volatile when discretionary spending is nudged.

    It looks set for a big spike down. Significantly the CFO has been rissoled, Gerry Harvey has gone bush, Gerry is readying the market for a drop blaming the oil price and the problems for Aussie manufacturing (duh, did he just notice?) and growth is on the nose.

    Most analysts value it at least 10% lower than its current price.

    I rate it a lot lower. It has paid a lousy 7.5c a year dividend for two years, bumped up profits by revaluing its own leased sites and is talking about teaching the world about retail. The smell of doom.
 
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Last
$4.53
Change
-0.050(1.09%)
Mkt cap ! $5.619B
Open High Low Value Volume
$4.52 $4.55 $4.49 $6.168M 1.364M

Buyers (Bids)

No. Vol. Price($)
5 38381 $4.52
 

Sellers (Offers)

Price($) Vol. No.
$4.53 6603 2
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
HVN (ASX) Chart
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