SEN 0.00% 1.6¢ senetas corporation limited

tomorrow's opening price, page-11

  1. 5,233 Posts.
    lightbulb Created with Sketch. 2
    re: tomorrow's opening price...unbelievable seals and ajjjjjj,
    i think you are incorrect on the issue of the fundamentals. the stock rose on the back of the statement by management that it would earn $11,000,000 profit in 2006 and that they had a huge response to a new product (sonet).
    They have continued to reaffirm this target will be achieved. i believe thats a very reasonable forward PE ratio for a tech stock that is going to achieve $250 mil in sales in 3 years.
    Please inform me what constitute fundamentals if they dont?
    WHat brought the price down was IMO a lack of confidence in management to achieve the targets that they continually reiterate.
    If the company has more good news to release as i have read in another post then why dont they release it?
    if it hasnt happened yet isnt it speculation and they are just starting a positive rumour?
    Having said this i think we will see a slow recovery continue tomorrow.
    We will now see a much stronger support at the 65c level. we all now know everyone who follows the stock considered it too cheap in the 50's.
    TA's opinions are welcome
 
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Last
1.6¢
Change
0.000(0.00%)
Mkt cap ! $25.14M
Open High Low Value Volume
1.6¢ 1.6¢ 1.6¢ $800 50K

Buyers (Bids)

No. Vol. Price($)
1 2300 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 237500 3
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Last trade - 12.24pm 02/09/2024 (20 minute delay) ?
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