Shave a buck off the SP and The Hawk may start to feel interested again :)
MHJ seems to be well overpriced now IMO
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Shave a buck off the SP and The Hawk may start to feel interested again :)
MHJ seems to be well overpriced now IMO
Unless they record severe losses the SP wont move down a dollar.
Is fairly priced right here.
Is it ?
or just in a low yield goldfish bowl ?
Just one HY less favourable report ahead could change that too :)
What's changed since early 2019 with MHJ ? ;)
The hawk's general gut feeling is there could be a fair bit of slip sliding backwards
to come in many areas of the NZX Board sectors. No further major artificial economy
bicycle pump action expected from the Hill ahead, a bit of inflation thrown in instead ..
and that's before Robertson & mates even consider pulling the chain to suck a bit back in
from the bloated economic bowl overflowing with readies, now worth a fraction of what
they were when poured into the bowl..
Specific to MHJ.
MHJ is AUD dollar dominated and may increase its Canuck exposure we dont know yet.
Add the great new influence in RF and the current results speak for themselves.
You may well have many good points and many that can be added related to NZ economy.
But so far it looks like demand for NZ exports is underpinning the markets and hard work of everyone milking cows to growing grapes in many areas of New Zealand outside its cities and outside wellington.
What's Covid doing in Omacronville across the ditch & elsewhere ?
Peak stats if I'm not mistaken..
Economies stacked to the brim with artificially created inflationary funny money.
Did MHJ sales, prices & margins grow by the same invisible inflationary rate, or not so ? :)
Why not ?
And as for when it evaporates & the money creation stops / gets sucked back in ?
Not a risk I'd take here on current SP levels and certainly not on current Div rates IMO
Points for a general discussion on Macro economics, deficits and QE.
Humans have worn art work since and before the celts.
Dont expect them to stop anytime soon.
So MHJ sales, prices & margins can't have grown by the same invisible inflationary rate, I assume ? ;)
Now they must be heading back to stumping up 100% of staffing etc costs out of margin ..
What will that do to the bottomline, if the economic bicycle pump action stops ? ;)
What will happen to SP, if the Div returns to 1.5 cps a half year sitting ? ;)
Probably a good topic for a thread on the effects off QE , supportive Macro economics policies, rising interest rates on the retail sector.
"Might walk away from Canada just like they did with the States"
short the stock winner.. go on!!
the stats going back 5 years dont seem to indicate they are sledding away..from Canuck land.
really winner... by now unless your under a dollar you should sell now.