Pbawley, sabine, hicks58
Through the eyes of a crab, all men walk sideways. Likewise, posters to this NWH subforum can have differ opinions, but from a different perspective – long term versus short-term, momentum trading versus fundamental analysis, et cetera.
For me, playing on the market is more an interest, than anything else. Being 79, I do not desperately need to preserve my capital, so I take risks, but, like playing monopoly, I prefer winning to losing. I could bypass the entertaining bit, and look for advice from brokers and their ilk, but there is no fun in that, and they are so flawed as a group, I am unsure if one can trust their advice.
Sabine, on fund managers, it is worth heeding what they say if they cover a stock within their sector of focus. Funds have self-imposed limits to various things – market cap ranges being a common criterion. NWH would be excluded from many funds because of its geography (some funds are specifically international), sector and market cap. A few years ago I recall reading what a guru Steve Johnston of Forager was, and that Forager had invested heavily in TGA, which I held, so I was heartened by that, and I held, and still do. TGA has since then declined from about 70c then to about 12c now. TGA has been my worst investment in dollar-loss terms, followed by BYL. Both collapsed because of poor management.
What I think will happen to NWH's SP in coming months is that if there is no news, the fickle herd will lose interest, and the SP would retreat, but a bit of positive news would do the opposite, and out of preportion to its real significance – for instance, if NWH comes out of the GCY adventure in a manner that allows it to reverse the circa $35 provision for doubtful debts that I think still sits on its books, the capital value of NWH would lift by some multiple of that. If it thereafter announced a few contract wins, including at least one Alliance road-building contract, the SP will shoot up yet more. A bullish guidance would have a similar impact. All we need is a trifecta (GCY resolution, contract win(s), and a bullish outlook Announcement). All possible according to Mr Micawber.
- Forums
- ASX - By Stock
- NWH
- Chart Update
Chart Update, page-2188
-
- There are more pages in this discussion • 1,161 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWH (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.60 |
Change
0.050(1.41%) |
Mkt cap ! $1.645B |
Open | High | Low | Value | Volume |
$3.57 | $3.62 | $3.56 | $4.541M | 1.263M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 160 | $3.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.60 | 62356 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 160 | 3.580 |
2 | 7782 | 3.570 |
8 | 23728 | 3.560 |
1 | 1282 | 3.550 |
2 | 10789 | 3.540 |
Price($) | Vol. | No. |
---|---|---|
3.600 | 62356 | 6 |
3.610 | 106593 | 9 |
3.620 | 8124 | 3 |
3.630 | 16478 | 4 |
3.640 | 11547 | 2 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
NWH (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online