Bradken
- Thread starter GreatPig
- Start date
Anyone holding Bradken shares today? Down 38.5% as I write...
I've been watching them for a while, but don't have any fortunately.
GP
is the reason you've been watching them for awhile because you've considered buying them in the past? Perhaps now is a good buying opportunity depending on the reason for the fall? Just curious
I have held them in the past, mostly when they were below the price they're back at now, but also considered buying some back in September when they were in the $10-$11 range.
They've been a bit too high for my liking recently, and now could well be a reasonable time to buy, but I'll watch and see what they do over the next week or so before deciding that.
GP
i was actually going to CFD BKN if it broke thru $15 and re-settled at $15.
glad i didn;t - i would have lost over 400% from my $14.80 buy in.
interesting to note that Blue Sky report also recommended the buy if it broke $14.40.
a double top on the charts and a drop in future company outlook signals SELLOFF!
glad i didn;t - i would have lost over 400% from my $14.80 buy in.
interesting to note that Blue Sky report also recommended the buy if it broke $14.40.
a double top on the charts and a drop in future company outlook signals SELLOFF!
Rough figures from memory, but even at $9 they have a PE of 16 , down from 23 so GPs thought that they were pricy was right.
I like the mining services sector but they are all doing it tough at the moment. NMS slid from a high of $1.35 to a low of $1 and BLY $2.70 to $2.22 so I think there is a cost blow-out and Bradken may not be cheap yet.
This little black duck ain't grabbin' no fallin' knives but.
I like the mining services sector but they are all doing it tough at the moment. NMS slid from a high of $1.35 to a low of $1 and BLY $2.70 to $2.22 so I think there is a cost blow-out and Bradken may not be cheap yet.
This little black duck ain't grabbin' no fallin' knives but.
funny you should mention BLY.
apparently it's what aussie fund managers use to "balance the books".
i rode it from $2.00 to $2.18 on a CFD. it's been in blue sky territory for ages now, good to see it correct to around the area i sold out for - or "true" value i reckon.
tues/wed next week is looking a good buy day ...
apparently it's what aussie fund managers use to "balance the books".
i rode it from $2.00 to $2.18 on a CFD. it's been in blue sky territory for ages now, good to see it correct to around the area i sold out for - or "true" value i reckon.
tues/wed next week is looking a good buy day ...
Bump
Hey GP, still interested in this?
I was searching the topic looking for a post I made recommending it as a possible turn-around stock but I think it was in the BHP thread and I'm not searching that.
This has been one the best performers this year and I never bought any. Someone said thanks at the time so I hope she (I think it was a lady) has stuck with it.
Hey GP, still interested in this?
I was searching the topic looking for a post I made recommending it as a possible turn-around stock but I think it was in the BHP thread and I'm not searching that.
This has been one the best performers this year and I never bought any.
Someone said thanks at the time so I hope she (I think it was a lady) has stuck with it.I don't have any but have been watching it. Even today I considered buying some. It first came on to my radar again when it was back around $7-$8 in April, but I never bought any then either.
So many recently I've been watching that have jumped up without me buying any, while the ones I have bought have all floundered (not that I've been buying many or much of anything recently, the market has been too volatile for my liking - plus at work it's hard to find the time). Still, it seems that the only ones that have had a decent run up after I've bought them have been my shorts!
Lately though I've been spending more time working on and testing systems. In that respect the last 6-12 months has been good, in that my data only goes back to 1997 so this gives me a good bear run to test strategies over. Now all I need to do is find one that works!
GP
So many recently I've been watching that have jumped up without me buying any, while the ones I have bought have all floundered
(not that I've been buying many or much of anything recently, the market has been too volatile for my liking - plus at work it's hard to find the time). Still, it seems that the only ones that have had a decent run up after I've bought them have been my shorts! Lately though I've been spending more time working on and testing systems. In that respect the last 6-12 months has been good, in that my data only goes back to 1997 so this gives me a good bear run to test strategies over. Now all I need to do is find one that works!
GP
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