BBG
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0.00% $1.05 billabong international limited

trading pattern, page-2

  1. ezirida
    6,297 Posts.
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    06/10/11
    14:21
    Post #: 9057230
    i think it's got a lot to do with the AUS $

    there is now a reason to plow into this and that is that the AUS $ has finally fallen off its perch.

    trading pattern or not it has been good value for 3 months and with the AUS falling below parity and RBA talking up interest rate cuts or rates on hold at worst for some time to come it is now a screaming buy for positioning for the global consumer comeback.

    DYOR
    BBG Price at posting: $2.83 Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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