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Buy before reporting date or wait?

Discussion in 'Beginner's Lounge' started by Moose_, Feb 2, 2019.

  1. Moose_

    Moose_

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    February is reporting season and there are a few companies I'd like to buy now but am reluctant to prior to results. Interested to know whether others buy pre-results???

    I guess if price is going up in the days prior to reporting, you could interpret that as the smart money getting in early.
     
  2. Init

    Init

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    In my experience this can go either way.
    If you buy before the report:
    - People might have been underestimating the fundamentals of the company and you make a profit when the price goes up
    - People might have overinflated the stock price expecting results which are higher than what is actually released, the stocks go down and you loose your stop loss margin.
    - The results are poor and the stock price falls, you lose stop loss margin.

    If you buy after the report:
    - You may gain better information with which to make a decision about the longer term direction of the company and invest accordingly.
    - If the results are good, you have potentially lost part of a long position as the price rises even higher, but done so with lower risk.
    - If the results are bad, you can move onto other things.
     
    Moose_ and Knobby22 like this.
  3. bigdog

    bigdog Retired

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    Moose
    Suggest that you try this link
    https://www.aussiestockforums.com/posts/1013332/

    upload_2019-2-4_19-43-32.png
    Select


    You could monitor Bell Potters analyst "buy" and "sell" recommendations to actual action after and the issue of the half yearly report!!!
    -- includes expected NPAT


    upload_2019-2-4_19-44-46.png
     

    Attached Files:

    Moose_ likes this.
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