Share
clock Created with Sketch.
12/08/20
19:30
Share
Originally posted by mrspeculator:
↑
Good point. I've been trading for 22 years, I know a good company when I see one based on experience and this thread is not anything new believe me! I've traded stocks that no longer exist or got taken over and lost / made a bundle riding the waves. The stock market is driven by the emotions of fear and greed and the sentiments of patience vs impatience. Some traders think a stock is like a penis: it goes up every morning. But, they don't all "rise and shine." We need to remember 2 very important things: 1) OPY is IN A SECTOR WHICH IS UNDERGOING A CORRECTION. I have no idea why this is not understood. You can be an Olympic runner, but if you get a serious bout of the flu, you won't achieve your best timings while you're ill. OPY is in a sector with a head cold. It will pass, and the good news will come as the growth unfolds, which brings me to my second point: 2) OPY has yet to announce its recent growth figures from the UK market, Pentana Solutions and Woolworths to name a few. This significant growth won't be realised for a while, so the stock is only being valued as it is now with a bit of forward projection. The analysts currently have APT & SZL as overvalued, whereas OPY is undervalued with its true valuation at $5.60. Anybody who is looking for $5 this week needs to get their temperature checked. Hold, hold, hold...
Expand
The reveue from Woolworths and Pentana will be realised in Q4 this year, which is about 3 month away. The price will just go side ways? 3 month seems like a long time for BNPL. Hopefully there is other exciting news to stimulate the market.