I'm expecting the normal earnings beat which will send the SP up big initially but true to form they will temper expectations for the FY result. Last year the market called their bluff and still went long and I'm hoping this is the case this time round.
Clearly they have benefited from the law change in China at the expense of their competition and even though this won't last forever, it highlights our premium brand image.
It doesn't bother me too much if the share price drops on the ann, as I don't use much leverage and it will present an opportunity to top up once more.
I'm also liking how SM1 (or SML) is staying at current levels. Hopefully it stays put and if A2 does report strongly it'll lag, presenting a wonderful opportunity double dip and ride it up just like this time last year
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Last
$5.60 |
Change
-0.050(0.88%) |
Mkt cap ! $3.808B |
Open | High | Low | Value | Volume |
$5.62 | $5.68 | $5.55 | $2.966M | 528.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 19295 | $5.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.60 | 533 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5399 | 5.630 |
6 | 17273 | 5.610 |
4 | 33072 | 5.600 |
4 | 20359 | 5.590 |
2 | 7656 | 5.580 |
Price($) | Vol. | No. |
---|---|---|
5.650 | 7091 | 2 |
5.670 | 9037 | 3 |
5.680 | 9833 | 4 |
5.690 | 6747 | 2 |
5.700 | 8222 | 4 |
Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
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