No i am saying i don't know what their earning will be or care. What i am saying is that they are overbought overvalued historically speaking. And for the stock to be a buy based on my historical charts. It would need to drop down towards $30. Current price is $60. So it needs to decline at least 50%. Not saying it will. Just that it needs to reach that before i would consider it a buy. Until then i will continue to short the rallies. Now if you do not think that RHC is overvalued at the current price. Then good luck.
Article: Defensive buying opportunites from falling dollar, page-58
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Last
$37.37 |
Change
-0.430(1.14%) |
Mkt cap ! $8.695B | |||
| Open | High | Low | Value | Volume |
| $37.88 | $38.13 | $37.18 | $16.10M | 427.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 191 | $37.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.39 | 393 | 28 |
View Market Depth
| Last trade - 15.35pm 15/11/2024 (20 minute delay) ? |
| RHC (ASX) Chart |