Back in December I boldly predicted consolidation around $1.75. Since then it has been in an uptrend, so obviously my opinion is not worth much. But here goes anyway.
I don't think you need fancy graphics on this one. The trend is up. Looking at it from another way, the trend is still up. Even without seeing broker reports (and I don't think KSC gets much coverage) it is apparent that the market, and hence all brokers:), think there is value here.
The question now for us holders is, do we hang on to what we have or buy more? IMO selling is not an option in an uptrend unless there are signs of it ending. KSC's next report and dividend declaration should shed some light to help answer these questions, but for now I hold.
Back in December I boldly predicted consolidation around $1.75....
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KSC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.90 |
Change
-0.090(3.01%) |
Mkt cap ! $396.8M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.11 | $2.90 | $68.48K | 22.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1636 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.49 | 3000 | 1 |
View Market Depth
| Last trade - 15.47pm 01/07/2024 (20 minute delay) ? |
| KSC (ASX) Chart |