Least it was only a half year result ...and with the bad news out of the way and after today’s reaction the share price will no doubt hang around 4 bucks until early next year
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Least it was only a half year result ...and with the bad news out of the way and after today’s reaction the share price will no doubt hang around 4 bucks until early next year
The talk of slowing growth seems to have come out of the blue ...all seemed honky dory a few months ago at the AGM in July
Disclosure problems? ....poor communication to market?
Nothing worse than pissing off the market ....market hates surprises ...might take a while to regain any semblance of credibility
yes , wouldnve thought continuous disclosure .... etc
was way overpriced at $6 though
even under $4 the p/e is pretty crazy.
Been studying up
They say — Over time we will be targeting Vista Group revenue growth in the region of 13% to 18% as the business grows (excluding any acquisitions)
13% to 18% doesn’t seem much in light of the hype etc ...no wonder share price plummeting
nasty close on the lows
Brutal day...close to a 30% drop...yikes....:ohmy:
ASX just had a notice which says that Will Palmer -Movio CEO purchased 125,000 shares today at $3.90...today( in NZX)
Also the timing of the notice is also a surprise... Never saw a notice coming out on the day of the purchase...(may be it has happened before)...NZX still hasn't released it yet.
May be to instill faith through this purchase after some serious battering... who knows??
Too tempting not to take a punt at this now so I grabbed a bit at today's closing sp. Might catch some more if it goes another 50 cents or lower 2morrow. I'm a holder now and even mentioned then that I will not be a holder of this stock. Guess you should never say never. I blame the falling Market for my gut feel action :cool: