G'day. I don't have too many thoughts other than this is a business that's currently between a rock and a hard place.
Not only is the yield curve / risk free rate hurting growth stocks, but SQ's business model is hugely exposed to sectors that are directly being tightened to reign in inflation. What I mean by that is, when retail numbers come negative, that's a bad sign for SQ's business. When retail numbers come out positive, it's a bad sign for SQ because it means further tightening is required by the reserve.
So it's not surprising how badly SQ is performing. But I don't have a view on how much of this is priced in, all I can say is I hope it's reached it's bottom soon because this carnage has been going on for way too long. Death by a thousand cuts!
- Forums
- ASX - By Stock
- SQ2
- Alternative Metrics
Alternative Metrics, page-150
- There are more pages in this discussion • 31 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 SQ2 (ASX) to my watchlist
(20min delay)
|
|||||
Last
$107.50 |
Change
0.990(0.93%) |
Mkt cap ! $4.222B |
Open | High | Low | Value | Volume |
$107.65 | $107.89 | $107.24 | $5.669M | 52.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 80 | $107.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$107.50 | 987 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 80 | 107.490 |
1 | 18 | 107.350 |
1 | 211 | 107.050 |
1 | 150 | 107.000 |
1 | 100 | 106.810 |
Price($) | Vol. | No. |
---|---|---|
107.500 | 987 | 1 |
107.600 | 26 | 1 |
107.750 | 80 | 1 |
107.880 | 1000 | 1 |
107.940 | 597 | 3 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
|
|||||
Last
$107.55 |
  |
Change
0.990 ( 1.08 %) |
|||
Open | High | Low | Volume | ||
$107.68 | $107.89 | $107.25 | 1634 | ||
Last updated 15.59pm 15/05/2024 ? |
Featured News
SQ2 (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online