AGL 2.29% $10.70 agl energy limited.

I could see all along the dangers of the chart but chose to...

  1. 1,692 Posts.
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    I could see all along the dangers of the chart but chose to ignore it in favour of fundamentals. Earnings beat both future forecast and present assumptions with a good rise in the dividend so I'm a little confused as to why the smashing in the SP over the last week after the report. PE ratio was high though forward PE for the coming FY is under 14. Dividends are also likely to increase. Brokers have an average price around $25.50 or more from memory adjusted after the report last week.

    I just bought AGL recently now I'm down 9.5% in a week 11.5% without the divi included.

    Any thoughts fundamentally? I know the chart looks bad but could today be the bottom?
    Last edited by West Coast: 23/08/17
 
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