HUM

1.25%

79.0¢ humm group limited

Ann: FXL - Trading Update and COVID-19 Response, page-32

First 32 Last

Share
Profile

Follow
xmanrocks

3,201 Posts.

444

12/05/20

13:20

Post #: 44573434
Share

Originally posted by ThePennyChemist: ↑

Dont make assumptions about me lol, you got no idea what I’m thinking. I make investment decisions based on what I see. What I’m seeing is driving my confidence in the short term trend of this stock which is how I am trading this atm so guess what, I may be short sighted as that is what I’m basing my decision on, the short term whether it be right or wrong.

You are posting like your property price declines and thus consumer confidence decline is a given, falling prey to your own advice, getting overly excited over your own bias. Why don’t you just be patient hey? We will see what happens to consumer confidence when and if property prices impact this.

Let me give you a little insight into my reasoning for MY opinion:
I do a bit of side work helping people with renovations and what I can see in this current moment is my boss has a backlog of people asking for our service as they renovate and do up their house. People are spending even in times like this, stocks like FXL exposed to this type of market are in prime position to benefit from a consumer who is ready to spend but may be wary of the future of the greater economy no?
this is what will be driving sentiment and optimism in this sector and how money can be made on this sector.

And no I don’t think the economy will be a V shape recovery, but I don’t think it will be doom and gloom like you are suggesting, people are still spending and unemployment rates will go down almost as quick as they went up I believe, how can it not? Once the lockdowns are removed anyone that can work will be back to work, so long as there is no second wave We will be able to continue our economy, it may not be as flourishing as it was but it will not be as bad as some might think. There will be those who could weather this, but others may see that as an opportunity and new business will grow.

It is incredible for you to suggest that people not look at announcements through rose tinted glasses when you seem to be wearing the most black tinted glasses of anyone posting here.

Expand

I am not preaching doom and gloom.
Merely stating an opinion based on what history has shown............. what consumers do when job unemployment is high and property prices are not rising.
This is indeed a shifting macro event that will play out somewhat differently than the current rush to get some work done.
Sit back , watch and learn from the lesson you are about to see unfold

Last edited by xmanrocks: 12/05/20

FXL Price at posting: $1.06 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

VUL

Vulcan appoints investment bank and M&A veteran to board

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

There are more pages in this discussion • 22 more messages in this thread...

First 32 Last

Add HUM (ASX) to my watchlist

(20min delay)
Last 79.0¢		Change -0.010(1.25%)		Mkt cap ! $388.1M

Open	High	Low	Value	Volume
79.5¢	80.0¢	78.0¢	$510.9K	645.7K

Buyers (Bids)

No.	Vol.	Price($)
3	80183	78.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.0¢	681	1

View Market Depth

No.	Vol.	Price($)
2	73565	0.780
3	35000	0.750
1	10000	0.745
1	6760	0.740
1	10000	0.730

Price($)	Vol.	No.
0.800	170948	5
0.810	69223	5
0.815	70000	2
0.820	68292	2
0.825	7800	2

Last trade - 16.10pm 13/09/2024 (20 minute delay)

HUM (ASX) Chart

Ann: FXL - Trading Update and COVID-19 Response, page-32

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Vulcan appoints investment bank and M&A veteran to board

Utah authorities sign off on Anson's lithium extraction plans at Green River

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: FXL - Trading Update and COVID-19 Response, page-32

Top Stories

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Vulcan appoints investment bank and M&A veteran to board

Utah authorities sign off on Anson's lithium extraction plans at Green River

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News