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1.17%

$9.11 temple & webster group ltd

TPW too cheap - worth $18.50, page-13

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vivRookie

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03/11/20

17:55

Post #: 48617055
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Originally posted by StefanF: ↑

There are always reasons for a sell down that go beyond "herd panicking". The SP got ahead of itself at $14 and the quarterly provided a reality check to investors causing the slide. At $9.4 the SP was oversold and it has since returned to what is likely to be fair value for the time being.

I'd imagine analysts will be keeping a close eye on growth rates over the next few quarters. Any slowdown in growth will cause this to decline and vice versa.

Specifically today, the SP decline is a combination of overseas markets but also the results for the NAB Online Retail Sales index which was released today. It shows a decline in homeware and appliances of 1.5% in September when compared to August.

I recommend people try and make sense of market movements and not just come up with vague and ill thought-out hypothesis about "sheep panicking".

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Nice point. point taken
will watch the sales over next quarter..

TPW Price at posting: $10.00 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $9.11		Change 0.105(1.17%)		Mkt cap ! $1.083B

Open	High	Low	Value	Volume
$9.19	$9.24	$9.05	$455.9K	49.81K

Buyers (Bids)

No.	Vol.	Price($)
4	640	$9.10

Sellers (Offers)

Price($)	Vol.	No.
$9.11	112	2

View Market Depth

No.	Vol.	Price($)
13	475	9.070
3	364	9.060
5	1393	9.050
2	264	9.040
3	967	9.030

Price($)	Vol.	No.
9.090	519	13
9.100	656	8
9.110	2205	12
9.120	1115	6
9.130	741	6

Last trade - 11.58am 16/07/2024 (20 minute delay)

TPW (ASX) Chart

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