New Zealand's stock exchange (NZX) could be facing strong headwinds toward the end of 2022 as third-quarter inflation figures suggest an 75-basis-points hike in the central bank's Official Cash Rate (OCR) in November. In anticipation of the Reserve Bank rate decision earlier in October, the S&P/NZX 50 fell 106.3 points or -1% to 10,959.71. A similar scenario...
Pushpay (-10.6%), the church management software company plunged to $1.10 after rumors surfaced that its buyout would not be progressing. Pushpay would not confirm or deny the rumor, although noted that they were aware of the market speculation and were abiding by its NZX continuous disclosure obligation. A cooperative bid from BGH Capital and Sixth Street...
Like many stock exchanges globally, the New Zealand stock exchange continues to emerge from the COVID-19 pandemic-induced trough of 2020, although volatility remains as the pandemic drags on and as markets face new challenges such as the ongoing geopolitical tensions in Europe. NZX had a lackluster year in 2021 The NZX 50 ended 2021 flat at 13,033.77,...
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
CVT - New venture on the horizon have been holding this since 01/09/21 this should boost as a good catalyst will see what kind on effect
Great financials released this morning had a really positive effect In at 7.18
Two Nice Tickers on the NZX: Skellerup (SKL) & Freightways (FRE) in New Zealand
View from New Zealand, NZX Top 50 ETF (FNZ) vs. Australia (OZY), USA (USF), Europe (EUF), UK in The City of London Investment Trust (TCL on the NZX, CTY on the LSE) and the UK FTSE 100 Index.
This is a simple support & resistance analysis of this stocks current price level. The stock is at a price level which can be said as a good established support level, the last time the stock was here it was almost 3 months ago and it made good gains after touching this level. If anyone beleives there are other reasons for why this stock will continue to fall...
Very nice index with a bright future. All time support and resistance levels on our chart
Trade at your own risk. I am just sharing this for your own information and I am not licensed to provide financial advice. If you have any input please share it in the comments below, any input would be awesome. Lets try help each other get better at making moolah! :$ :D
This stock has decent fundamentals with a discounted cash flow valuation at around 70% undervalued at its current price of $1.77 at this time of writing. This company owns hotels all around the world and their market cap is above EV, their Book Value per Share in 2019 is at 6.78 and I suggest you find out the other fundamentals by yourself. Anyways, my opinion is...
IFT Infratil (ASX listed) vs. ASX listed global infrastructure ETFs, ASX All Ordinaries Index, NZ50 Index - since 2017.
Kia Ora, Potential price reversal from CMP, long term investor can exit and buy back at 15.50 - 14.50.
Thanks for viewing, I am not sure if this is of wide appeal. NZME is a media Company that caught my attention last year due to the share price declines having appeared to have out-paced any revenue declines in an industry in a global slow down-trend. I was eyeing the equity at the 0.40 level at the start of the year but felt there was still another leg down -...
Kia Ora, Go long from CMP with target T1 - $5.50 T2 - $6.0
NZX:ATM For the last 2 years we saw drops of circa 30% from the posting of Aug results finding favour again in Oct - Nov. Given there is some rhetoric in the market that ATM is over priced - will we see the same in a Covid-19 environment?