MMM

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2.2¢ marley spoon se

Ann: Appendix 4C - quarterly, page-69

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Exised

6,202 Posts.

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26/10/20

17:34

Post #: 48396447
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Originally posted by mikey16: ↑

There are only 3 pure E-commerce/online sales plays on the ASX that i know of and they have all been on a tremendous run since March lows. The other two E-commerce plays i know of are: KGN and TPW, both of which have started to have pullbacks. Obviously these companies differ in scale and have completely different products but i've noticed a decent correlation in SP for these 3 E-commerce companies and they have been beneficiaries of the lockdown. A 30% nominal haircut is pretty reasonable if you consider we were at 20 cents during March lows.

I bought MMM last pullback so i'm down only a tiny bit after today's slaughtering. Hopefully we get a reversal and no dead cat bounce. Already been through one if you can even call it that. More like a fake bounce into a guillotine drop.

You still holding ADH? Also started correcting recently despite today's good report. Very similar situation to the 3 companies i mentioned. I do think in general E-commerce will slowly take over retail's market share and isn't just a fad that will dissapear after covid.

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Happens to the best of us mate.

Did the same with SDA and left a free carry in there and now its gone to zero...

ADH, Yup still do. Its only a free carry parcel from when it hit 1.17 a couple of years back added more when it hit 0.45 in March but sold that parcel a bit too early last month. ADH is a very good company but then again it cost me nothing so my mileage is different to most.

Last edited by Exised: 26/10/20

MMM Price at posting: $2.36 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.001(4.76%)		Mkt cap ! $2.589M

Open	High	Low	Value	Volume
2.1¢	2.2¢	2.1¢	$4.035K	191.5K

Buyers (Bids)

No.	Vol.	Price($)
1	43128	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	63904	3

View Market Depth

No.	Vol.	Price($)
1	43128	0.021
3	214038	0.020
1	25100	0.019
1	240000	0.018
2	458882	0.017

Price($)	Vol.	No.
0.023	63904	3
0.025	63658	3
0.027	3313	1
0.028	22727	1
0.031	97311	1

Last trade - 15.25pm 09/08/2024 (20 minute delay)

MMM (ASX) Chart

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