NEC 1.56% $1.26 nine entertainment co. holdings limited

I'm not equipped to comment from a technical standpoint. But for...

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  1. 147 Posts.
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    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.
 
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Last
$1.26
Change
-0.020(1.56%)
Mkt cap ! $1.958B
Open High Low Value Volume
$1.30 $1.31 $1.26 $4.429M 3.491M

Buyers (Bids)

No. Vol. Price($)
3 39803 $1.26
 

Sellers (Offers)

Price($) Vol. No.
$1.27 234778 10
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
NEC (ASX) Chart
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