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  1. #201
    Guru Rawz's Avatar
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    Smedley had to put something out to stop the rot!!
    Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.

  2. #202
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    Quote Originally Posted by Rawz View Post
    Smedley had to put something out to stop the rot!!
    Part of the problem has been that they said "It is expected that earnings guidance for FY25 will be issued in the coming weeks."

    But that was on the 21st of May....!!

    A few punters might have got a bit anxious.

    Might have to siddle over to HC and see what the punters are saying there.

  3. #203
    Guru Rawz's Avatar
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    Quote Originally Posted by Sideshow Bob View Post
    Part of the problem has been that they said "It is expected that earnings guidance for FY25 will be issued in the coming weeks."

    But that was on the 21st of May....!!

    A few punters might have got a bit anxious.

    Might have to siddle over to HC and see what the punters are saying there.
    Bit like the white label license timing.
    'will be granted this year'
    actually we mean 'will be granted this financial year'
    then gets confirmed in April. but still requires some audit to be completed.

    I think Smedley and co are just a bit too enthusiastic and their best intentions are to release the update 'in the coming weeks'... but things like new contracts and acquisitions maybe move slower than they think so they get caught out giving out timelines that they cant live up to.

    Kinda like when im at the pub and text the Mrs that im leaving in 10mins but by the time i actually say bye to everyone and finish my beer its been 30mins i honestly did mean to leave in 10 mins lol
    Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.

  4. #204
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    Quote Originally Posted by Rawz View Post
    Smedley had to put something out to stop the rot!!
    Rot continuing this morning......

  5. #205
    Guru Rawz's Avatar
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    Quote Originally Posted by Sideshow Bob View Post
    Rot continuing this morning......
    I managed to scrape together $14k AUD and used it to buy more at $3.45 via sharesies. ($15 brokerage how good).

    Using the cheat 8x EBITDA multiple valuation (based on guru investors Piramal when they did the debentures) it is undervalued based on FY24 numbers.
    And in a few days we get FY25 numbers which will be much higher than last year.

    So I think its okay to add a few more in this huge pullback we are experiencing.
    Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.

  6. #206
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    Quote Originally Posted by Rawz View Post
    I managed to scrape together $14k AUD and used it to buy more at $3.45 via sharesies. ($15 brokerage how good).
    Crikey mate. I'm scraping up $140 to go towards my Power Bill this month. Ah well. One day I might be as high rolling as some of you lot. But yes, as well as capped rates Sharesies has let us micro buyers in. I can buy another $100 worth here or there with $1.09 brokerage, when my power bill isn't due lol.

  7. #207
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    Quote Originally Posted by kiwical View Post
    Crikey mate. I'm scraping up $140 to go towards my Power Bill this month. Ah well. One day I might be as high rolling as some of you lot. But yes, as well as capped rates Sharesies has let us micro buyers in. I can buy another $100 worth here or there with $1.09 brokerage, when my power bill isn't due lol.
    Rawz has been on fire recently, with the likes of 2CC and Tower, not to mention Findi at <$1. He sold some a while ago to take some money off the table, but great to see him backing himself and his analysis and taking the opportunity at lower levels.

    However having said that, what was the saying about buying in a downtrend??

  8. #208
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    & What was the saying about buying below 90 DMA?

  9. #209
    Guru Rawz's Avatar
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    Quote Originally Posted by kiwical View Post
    Crikey mate. I'm scraping up $140 to go towards my Power Bill this month. Ah well. One day I might be as high rolling as some of you lot. But yes, as well as capped rates Sharesies has let us micro buyers in. I can buy another $100 worth here or there with $1.09 brokerage, when my power bill isn't due lol.
    I just checked my Sharesies account and I started with $995 4 years ago. Everyone starts small. There are some posters here with millions invested in the share market. The fishing pond gets very big.

    In regards to buying in a downtrend, yes very risky right now in this pullback but still the chart looks good as far as I can tell. we know how quick FND can go up… double edge sword I guess. An acquisition, RBI price increase, new contract, white label roll out, Findipay growth etc etc a few positive announcements and suddenly we are over $5 and heading to $6

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