Australia's largest stock trading and investment forum Australia's #1 stock forum

HZN ROC

Ann: Second oil discovery in WZ 12-10-1 exploration well, page-16

First 16 Last

Share
Profile

Follow
rae915

4,594 Posts.

162

14/10/14

15:21

Post #: 14123084
Share

Originally posted by blam1976 ↑

My general strategy with this stock is to buy it cheap and sell it at a profit.

I once held it for the long term but just lost money. In fact it was the only stock I lost on in FY14. In recent times I just buy it <30c and look to sell at ~32-33c and wait for the opportunity again.

I spent plenty of time valuing the stock about 2-3 years ago, but just found that the value realisation is incredibly difficult for this company. I see a theoretical valuation north of 45c/sh, but I don't how that will ever be realised in the market. So, I buy it cheap.

if I had retained my initial "hold for long" strategy, I would be seriously underwater on this stock..

I want to be proved wrong on the upside though, while holding of course!

PM m0ngy - he's generally pretty helpful and cheerful - buy him a few beers and he'll sort you out.

Expand

thanks for thoughts and reply

ROC Price at posting: 68.0¢ Sentiment: None Disclosure: Not Held

HZN Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Eurozone-based companies find new ways to secure a regional lithium supply

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

End of FY is a time to juggle wins, losses and capital gains taxes

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

There are more pages in this discussion • 6 more messages in this thread...

First 16 Last

Add HZN (ASX) to my watchlist

(20min delay)
Last 18.5¢		Change 0.005(2.78%)		Mkt cap ! $300.2M

Open	High	Low	Value	Volume
18.0¢	18.5¢	18.0¢	$78.17K	434.3K

Buyers (Bids)

No.	Vol.	Price($)
6	533543	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	747160	12

View Market Depth

No.	Vol.	Price($)
6	533543	0.180
16	1694831	0.175
39	1903866	0.170
26	1333011	0.165
40	1478520	0.160

Price($)	Vol.	No.
0.185	747160	12
0.190	687010	10
0.195	399409	3
0.200	202000	2
0.210	50210	2

Last trade - 13.04pm 25/06/2024 (20 minute delay)

HZN (ASX) Chart