FGL 0.00% 1.4¢ frugl group limited

My feeling is that there is a general downward trend in the...

  1. 117 Posts.
    My feeling is that there is a general downward trend in the booze/wine sector due to the coming wine glut compunded by the decline in beer consumption.
    Whilst these are legitimate concerns I think the sector has been a little oversold and should move up a little over the next few months....nothing too dramatic though.
    I have recently purchased fgl on the basis of a decline in price against an increase in revenue. I think they will move back up to the 4.70 area.

    DONT FORGET....feb 11th they will announce a dividend that should be 9 or 9.5c.....That should see them move up a bit.
    Southcorp moved up today.
    The safe haven nature of FGL is a big plus in these times and their wine business is at the lower price end of the market so is robust against americans staying at home.
    Obviously I own FGL so don't listen to me!
 
watchlist Created with Sketch. Add FGL (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $1.678M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $5.779K 427.1K

Buyers (Bids)

No. Vol. Price($)
2 163767 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 136822 3
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
FGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.