BBG 0.00% $1.05 billabong international limited

death of billabong?, page-27

  1. 17,233 Posts.
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    yes...plenty of conspiracy in the market, even at HC.

    Good luck with your buying 20521.

    It seems the currency flucts are more the issue for mine with sales revenue up 5% pcp.

    Yes looking forward could see headwind of slow sales and possible 25% drop in sales over pcp ..but with a late winter in EURO and late summer in AUS, and figures in America still ok, high AUS and low EURO has hurt BBG in the short term, I see merit in buying around these prices.

    Sometimes when stocks get a one day hammer you have to bite the upper lip, do some number crunching and have a huntch and clear vision, jump in and understand the ride will be volatile, which to me is the only way to be.

    Oversold ...imo

    Stocks are inevitably never as good as one hopes and never as bad as some think.....good to play somewhere in-between and even more so if you see an opportunity present itself.

    ....and to think the float way back when was at $2.30


    Cheers.


 
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