"The profit downgrade was over 40%(Initial HY2019 NPAT guidance...

First 177 Last

Share
Profile

Follow
4sighttrader

4,068 Posts.

547

03/01/19

15:42

Post #: 37015557
Share

Originally posted by madamswer ↑

"I have a personal view that TRS fair value is between $3.70 to $4.
Can this be achieved? Who knows."

Exactly. Who does know?
But just because the stock isn't trading at what you happen to think it is worth doesn't mean that it is being manipulated.
Maybe your valuation is, well, wrong.

"How long is a piece of string? Given the state of the ASX manipulation and reglatory conditions , TRS possibley would be trading anywhere in the $2.40 range if no live offer was in place. However this is totally hypothetical.
The recent fall from mid $4 to $2 was overdone, the profit downgrade was minimal given that huge drop."

Minimal profit downgrade?
Are you kidding?

The profit downgrade was over 40% (Initial HY2019 NPAT guidance of $17.7m revised to $10m/$11m).

Expand

"The profit downgrade was over 40%(Initial HY2019 NPAT guidance of $17.7m revised to $10m/$11m)."

@madamswer
This has already been highlighted, but the exceptional Xmas trade and the sound of cash registers ringing is far better fundamental analysis than some profit guidance and guidance figure that the company submits

TRS Price at posting: $2.75 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Most investors will get this earnings season wrong. Will you?

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

ASE

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

First 177 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

"The profit downgrade was over 40%(Initial HY2019 NPAT guidance...

Top Stories

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Most investors will get this earnings season wrong. Will you?

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News