Lol..down 5% because U all mourning..
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Lol..down 5% because U all mourning..
Anyone bearish on OCA and why?
Short term yes as I think there are more interest rate rises to come with all that has entailed to date, maybe a little too simplistic, but long term I'm on board.
say last week 79c need be decisively broken , no one wanted to really buy at 80c yetersday thats why it fell back , someone did a big dump because no buyer support at 80c yet. unless some fundamental problem should attempt another breakout at some stage. inflation data wed be good to watch
If you think there are more rises to come, and you could be right, unless you have a different take to the market, then is this information not already priced in?
If your take is different to the market, then you must be correct in order to benefit from any discrepancy.
Nobody I have heard of has been able to consistently call rates different to market outlook and be correct.
So any view on rates is priced in.
50/50 I think. Yesterday WP and ANZ agree possibly August. First I have read that. Consensus seems to be moving around often.
NZ Warriors on fire ……going to have a home quarter final and then go on an win the whole thing
“It’s our year” finally going to happen
And that’s the curtain raiser for Oceania having a “it’s our year” experience …….wonder what share price will be after ASM in August and release of boomer half result in November
ANZ and Westpac are off guard after erroneously jacking up their OCR peak targets post the April 50bps surprise. After what Orr said in May, the bar for another hike is incredibly high. We'd need to see a re-acceleration of growth and inflation and in this environment + pre election uncertainty i just don't see that as a possibility.