This dog doesnt deserve a smacko, but the CEO may warrant a bag full for lunch and dinner!!
"Could we see a rebound to just under $1.00. If you compare Hills to Kathmandu, the charts have some interesting similarities."
As has been pointed out, the likelihood (technically) is further pain and not upward pressure.
Trading 83 today, another lower low is not healthy.
The charts i dont really see as being similar, KMD has only recently fallen after a strong uptrend into 2014.
Hills has been in a massive downtrend since 2007.
Either way, why would you touch either of them?? There is a reason they have been hit sooo hard.
On another note, HTR - a recent acquisition of the Ted Pretty regime, I had heard HTR couldnt get $7m for their business and along comes Hills and buys it for $25m.
Wont this be a declining business now that TV can be accessed from laptops, tablets and Ipads within a hospital??
If you have WiFi access in hospital in future why would you want to pay for TV??
If it is another declining business, the $25m over the odds cost will just illustrate that growth by acquisition isnt as easy as just having the funds available.
As has been mentioned in earlier threads, this is Teds Achillies Heal, its ok to cut cut cut, but does he have the flare, the know how, the staff(ex telstra and NBNco) to develop and create business's.
Employing followers that dont understand the business is going to be a very costly exercise for this once Great Aussie company.
Go back to Telstra and take your spoofing under performing management team with you and this Aussie great may have a chance to grow.
The damage caused needs fixing now!!!
The share price is now lower than when Ted took the reigns!!
TTGT (Time To Go Ted)
Cheers
HIL Price at posting:
85.5¢ Sentiment: None Disclosure: Not Held