I feel short term a profit guidance upgrade for the finishing...

First 11 Last

Share
Profile

Follow
septa

3,312 Posts.

39

20/06/18

15:57

Post #: 33831747
Share

Originally posted by SaberX ↑

I doubt it. I mean APP were paid for commissioning the reports werent' they? It would be great to get an independent report, but I guess at this end of town most coverage has to be initiated via the company's coin coffers.

The first petra capital report from april that i linked said the same thing as the recent june one posted, in regards to adding 42c to the base case? Seems abit aggressive I thought.. i mean $0.50 plus another $0.40 is way in excess of the app securities base case, and in being 'grounded' abit of a fair distance off from 29c. I mean who doesn't want to see this at $0.90 but i am always cautious when things get all 'blue sky' and hotcopper is in full speed, usually abit telling of the opposite to soon occur.

THe volume has been very light and goading towards $0.29, 0.295. Very low volume and the MACD is dangerously close to potentially reversing. Awaiting further volume to see if this indeed pushes onwards and upwards otherwise the risk is being caught out at these high prices when a reversal occurs. I mean it's still onwards and upwards in the long run but I am sure many of us are patient enough to see $0.26c again to top up prior to heading back up. I would just be happy with NBC and brakfontein's news, and collecting my 2c dividends until we can bump up earnings to support 3c and upwards divvies. Happy to hold on to that income stream now that it's there. IN the past patience was alot more difficult with nil income streams so I think we are in a good position as holders to not be too hasty.

Expand

I feel short term a profit guidance upgrade for the finishing financial year will be the next catalyst for price increases.

For those following closely it’s a given, but this company still won’t have that many people following it closely.

UNV Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

FHE

Frontier Energy achieves key milestone for Waroona energy project

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

BRX

Belararox delineates another porphyry in Argentina at Tambo South

EMD

Emyria's Empax Centre chosen for mental health clinical trial

STX

Strike Energy secures $153 million for Perth Basin gas projects

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore