IMS 0.00% 69.0¢ impelus limited

Ann: Market Update, page-210

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  1. 2,476 Posts.
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    I bought a whole lot at 19.5c yesterday and will top up again this morning at these current prices.
    This is not a loss making company.
    To get belted 40+% on mere surprise earning disapoinment are rare buy opportunities in my view. The 2nd half forward looking statements were encouraging.
    It hit a 'double bottom' price yesterday from back in 2014 where EBITA was 1.7 mill and outlook were nothing like they are now. TA-Price falls well outside the bolly and the RSI is in way oversold territory.
    I am comfortable in seeing this disapointment as opportunity, not as a situation of something inheritingly wrong with the business.
 
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Currently unlisted public company.

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