Yeah the months of April and May tend to be very quiet for news and this year is no exception. Investors have to apply their magnifying glasses in order to find some distinctive direction. The nearest they've got to finding a trend at the moment is the Coles result today which infers that retail sales may trend down this current six months compared to the pcp. So they tend to jump on that. I think Coles and Woolworths will receive the most corrected results year on year followed by some of the discretionary retailers. I don't see BAP and GUD etc in the same way. Their revenue correction, and there will be some at some stage, will be more inclined to come when overseas and interstate travel returns to normal. That is not likely to occur until the calendar year 2023 by which time other conditions may be in play. Still too highly priced to buy any more right now but I'm very comfortable holding.
The risk of a Covid spread is always there when we accept overseas residents back home but I'm sure the Government is treading down this risky path because the people returning come back and sometimes buy a house and a car. So returning Australians, with all the risk that entails, are replacing the migrant intake that we would normally experience.
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Last
$4.80 |
Change
0.050(1.05%) |
Mkt cap ! $1.629B |
Open | High | Low | Value | Volume |
$4.74 | $4.83 | $4.70 | $3.356M | 699.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 9463 | $4.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.81 | 2616 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 9463 | 4.780 |
5 | 13483 | 4.770 |
1 | 456 | 4.760 |
2 | 8471 | 4.740 |
1 | 1000 | 4.710 |
Price($) | Vol. | No. |
---|---|---|
4.810 | 1051 | 2 |
4.820 | 530 | 2 |
4.830 | 9463 | 3 |
4.840 | 5996 | 1 |
4.850 | 30000 | 4 |
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