XJO 0.10% 8,212.2 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-13327

  1. 650 Posts.
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    Is this another sign that we may be heading towards a "recession" in the not too distant future ?

    Nick Scali Limited (ASX:NCK) advises that Managing Director and CEO Anthony Scali has sold (about half his holdings)
    4,600,000 shares in the Company by way of a fully underwritten block trade. Still remains the largest SH(about 7%)

    In 2012 revenue 118m earnings 10m profit 8.6%
    2023 507m 100m 19.9% ROE 56% divi yeild 6.5%

    PE 9.3x so "mr market" not so optimistic ?

    DCF valuation fair value $19.89

    https://hotcopper.com.au/data/attachments/5759/5759488-b98ee79b0b5a9d2a65bbec58d60e663f.jpg


    Looks like buying at the lows today ?

    https://hotcopper.com.au/data/attachments/5759/5759547-ee122662bdf76f3af775556e7afd0283.jpg

 
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