"Thanks for the feedback 4sight, let's just say I wasn't...

First 43 Last

Share
Profile

Follow
4sight trader

1,232 Posts.

101

04/10/18

08:41

Post #: 35987749
Share

Originally posted by jaluma ↑

Thanks for the feedback 4sight, let's just say I wasn't surprised that you didn't put up a chart.

For those who haven't looked at it and to expand on JamWolf's earlier comment, the balance sheet had Net Assets at $61m in the annual report with only limited intangible assets. The current market cap for the business is $41.75m.

While I wouldn't claim to be a chartist, I have had a quick look at the 3 month, 6 month and 2 year timeframes on the chart. Again, I am not suggesting the indicators are positive, but I think we are in a long period of consolidation, that should eventually turn into an uptrend.

If you look back at the 2 year timeframe, the stock has really been consolidating at these levels for 18 months since around April 2017. There is a minor uptrend channel from that period where the low was 15 cents, we are currently sitting at the bottom of the trend channel, which is lower than what it has been previously.

I am not suggesting it is going to be stock of the year and I am sure there will be some great comments that offer very little insight for people other than the author, but I am yet to hear a good argument as to why there would be more downside risk here than upside risk for investors.

I think Hills are on the right track, the business is now strong and profitable (hence director buying!) with further gains to be made and while the stock price isn't that strong, I think it can start to show some progress in the next few months. Personally I don't think much will happen prior to the AGM, but that can't be too far away anyway. Updated market guidance for this half, or FY18/19 might get a few investors interested.

View attachment 1322889 View attachment 1322891 View attachment 1322893

Expand

"Thanks for the feedback 4sight, let's just say I wasn't surprised that you didn't put up a chart. "

My pleasure Jaluma

Lol - now you are preempting my actions
How condescending lol

If only you preempted your buying actions rather attempting to preempt mine lol

That's a classic!

Ps: love your charts by the way, all that fuss about me putting charts up and you have your own lol

where's the weekly and monthly versions though?

HIL Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer’s drug could change the game

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

There are more pages in this discussion • 7 more messages in this thread...

First 43 Last

Add HIL (ASX) to my watchlist

"Thanks for the feedback 4sight, let's just say I wasn't...

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer’s drug could change the game

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Sales growth pushes Lovisa's fortunes (and shares) upwards

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Featured News