- Jan 11, 2007
I hold BOL and note that they have gone back 12% today on what appears to be a very good report. Anyone have an opinion they care to share?
Hi Ab, Just about to mention BOL myself ......... Sometimes the market does what seems to be irrational things .......... I reckon its traders ...... Wouldnt surprise to see it back over $4 by end of trade today. Cheers, BarneyTheAbyss said:I hold BOL and note that they have gone back 12% today on what appears to be a very good report. Anyone have an opinion they care to share?
Agreed Reece, The Instos probably started the landslide in the first place .... so they could top up at good prices when a lot of stops get hit ...... now its bounced back, they will probably play "yo-yo" with it for a day or so.reece55 said:Halba - Not sure if the decrease in EPS growth should equate to the same level of fall here....
Guys, I seriously would not be too worried here.... OK, the numbers weren't as good as people expected. This stock has heavy backing from instos and is a great stock - this will be seen as a minor blip on the way. Support today of 3.60 was tested and has come up very strong - wouldn't be surprised if the inso's are topping up today on the high volume!
EPS(c) PE GrowthHalba said:Abyss
Its not ceo retiring.
EPS over 10% below analysts expectations.
On my numbers, EPS growth was 5%, mkt wanted 15-20%.
That means it should be down 15% today.
Looking at the chart support appears to around current levels. However a lack of announcements may see price edge lower.
The lower the price goes, the rise in the increased dividend percentage will look more attractive to investors.... currently dividend is at 3.6% and a fall to $3.00 a share would be 4.6%.... for a growth stock with secure earnings that would seem a little high....
Just trying to pick a bottom for BOL.