NEC 3.10% $1.10 nine entertainment co. holdings limited

Ann: Becoming a substantial holder, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 147 Posts.
    lightbulb Created with Sketch. 8
    I'm not equipped to comment from a technical standpoint. But for what it's worth, I sold the remainder of my holding several weeks ago (on 30Mar) at $1.23. Although originally planning to hold to around $1.30-1.40, I figured (a bit uncharacteristically for me) that the easy money (from around $1.00 thru $1.20 + the dividend) had been made so one might as well exit. Valuations still look reasonable for those who believe in a digital-driven recovery and are prepared to ride out some ups and downs.

    I note that the analyst consensus calls for gradually lower profits & dividends through FY2019. Analysts frequently get their forecasts wrong, as we know (and they may well be underestimating the potential for a digital-driven recovery), but the current set of Street forecasts is something to bear in mind for those who choose to take the long road.
 
watchlist Created with Sketch. Add NEC (ASX) to my watchlist
(20min delay)
Last
$1.10
Change
-0.035(3.10%)
Mkt cap ! $1.958B
Open High Low Value Volume
$1.14 $1.14 $1.09 $4.013M 3.612M

Buyers (Bids)

No. Vol. Price($)
3 22344 $1.10
 

Sellers (Offers)

Price($) Vol. No.
$1.10 28916 3
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
NEC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.