Gripfit what price are you in at? |
Is he and others after taking this out ?? It happened at N BROWN recently |
Happy to take a few back @45's |
Told u fools a few days ago but the rampers can't accept it |
Double bottom. |
Maybe this needs to go back to 37/40 |
John 09 is officially a ramper 🤣🤣 |
Either you think they'll pull it off and Victoria's market will improve in next 12 months or you don't. Holding a few myself. Chipped a few off other day so it makes a decent average (in case of worse case) |
The cracken awakes
L2 looking like poppin |
4 rate cuts expected next year |
Well John is very quiet .. but suspect he’s dumped and gone ..😰😰😰 |
He's not the messiah he's a very naughty boy.
Debt / equity....hmmm that's going to end well. |
Another John09 fantasy trade. See RCH. Be careful |
Did he own the whole company? Good luck to him if he sold and made profit. Do your own thing follow nowone |
John 09 ominously quiet … think he’s sold … |
Debt is that now but was similar when share price was a lot higher so the multiple was lower |
With all the building labour are proposing ,, they will be busy . |
Hasn't been in scsw for a long time. Debt here looks absolutely suffocating. Could do well if the flooring market makes a sudden recovery, but equally could easily go to the wall.
Debt is 8-9x market cap. |
Could reach 15m again - 2m went through at 3:23 and a couple of 500k'sSome positioning going on. |
Another massive volume day of 7 million |
John must be well gone …??? |
 Here we go, ding dong at 55p.
Make your mind up, break higher or lower?
This is a dangerous share to trade. It can gap 5-10% on absolutely nothing volume.
But yeah, staying bearish longer term. Could be all kinds of nasty adjustments lurking here in the accounts, along with the debt. There is a bad smell around this company - too risky for me.
That long term chart is telling the story and funds are bailing. That is the market saying this share is HIGH RISK. Yes new funds are clearly buying, but that one recently looks very shoddy, and this was due a technical bounce (massively oversold), which it has done, but the overall trend is still down.
So the question is how much of that oversold bounce has been corrected here and will the buying pressure continue to break the longer term trend for the market to actually believe that this share could multi-bag.
I don't know what SCSW are saying, but it clearly sounds like they think this is a multi-bagger, so their followers are going to pile in and expect spectacular returns. They make decents moves, though some will be disappointed by more recent performances of some, but overall it is good going.
But that's enough here. Too much for short term trading but got to get involved now and again!
Everyone does their own research and makes their moves.
Let's see what happens.
All imo
DYOR |
Nice bounce |
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