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entropylord,

I agree with overall what you posted.

Anyway, as you said, charts are not reliable for ASX:FPA.
But I have checked NZE:FPA and NYSE:WHR SP movements and then traded ASX:FPA so far.

I believe that FPA can survive and give a good return to the shareholders if you are a long term investor.
FPA is a good brand. The financial crisis hammered this good brand. Warren Buffett would surely have been interested in FPA if it is a US company, IMO. One of his strategy to make a big profit is to buy a good brand company when it is stressed in a downturn.

Anyway, I am a short-/mid-term trader so that I need a good cash flow. [Short term:1-3 weeks, mid-term:1-3 mths for me].


Louloubell,

Today's close for NZX:FPA was NZ$ 0.650 and ASX:FPA AU$ 0.51. When I mentioned 40c, it was AU$ 0.40 for ASX:FPA.
[NB: Last Monday: peak of NZX:FPA NZ$ 0.700, that of ASX:FPA AU$ 0.56]. I believe that chartists get wrong in many cases. However, I do not ignore a chart although I believe that fundamental is more important.

Cheers