KZL 0.00% 12.0¢ kagara ltd

sellers back in force, page-12

  1. 3,063 Posts.
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    Pen,

    Please i beg you to just sell out now so we don't have to put up with your post's that flip flop from euphoria to downright negativity.
    If you bother to read the post correctly, i was not blaming the cyclone for all the weakness, KZL was over cooked when it was 25% higher so we are just seeing a move back to what the market considers a more rational price given the current circumstances and earnings.

    I was merely giving some reasons why i think we have had weakness. believe me i know that cyclone will be exerting some selling pressure on the stock regardless of what you may think, just the simple fact that we are in cyclone season in north QLD would force some onto the sidelines, don't forget they had to shut down production last year because of rd closures, it happens almost every year.

    There are lots of things at play here, but not the rumors that you allude to.
 
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