Yeah agreed timesurfer.
From a long term perspective even current prices are still good buying points for both companies .
I’ll continue to hold till fundamentals change
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Yeah agreed timesurfer.
From a long term perspective even current prices are still good buying points for both companies .
I’ll continue to hold till fundamentals change
Can't help thinking IKE is 'well positioned' when we are getting news like this out of the USA.
"The Covid-19 crisis is exposing how the cracks in the US’s creaking digital infrastructure are potentially putting lives at risk, exclusive research shows.
With most of the country on lockdown and millions relying on the internet for work, healthcare, education and shopping, research by M-Lab, an open source project which monitors global internet performance, showed that internet service slowed across the country after the lockdowns.
“This is going to kill people,” said Sascha Meinrath, co-founder of M-Lab.
In late March, most people in 62% of countiesacross the US did not have the government’s minimum download speed for broadband internet, according to M-Lab."
Another article noting USA lacking IT infrastructure investment at this time.....
Bodes well for a lot of savvy NZ companies incl XRO and yes IKE
Yeah lots of great opportunities .
Will wait this one out, the dip allowed me to average my entry position to around 55c.
Revenue growth isn’t fancy right now but it’s going to be the strong balance sheet and recurring revenue that will let it be a sustainable business overtime.
I short term trade a lot of stocks on NZX but probably not this one
This can only be good news for IKE
https://www.voanews.com/east-asia-pa...its-power-grid
Something's brewing behind scenes???
Little actual shares being traded. So rising on very little volume. No one wants to sell.