ADH 2.99% $2.07 adairs limited

This is a second double top we've had this year. It's not a head...

  1. 6,273 Posts.
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    This is a second double top we've had this year. It's not a head fake either unlike the first one just touching the 200   Doesn't look good on the technical. A bit of a shame as the fundamental numbers still great. FY19 outlook 10% growth in sales disappointed the instos as FY17 to FY18 was a hefty 18.8%. But to me this looks to be an under promise over deliver kind of outlook.


    I guess in this kind of environment fundamentals goes out the window and it's all about capital preservation.....

    https://hotcopper.com.au/data/attachments/1340/1340493-097a3dc8e82f31f966f77dac1ab79e4f.jpg
     





 
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