Strong Buy
Trend is looking good
" The Warehouse reaffirmed last month's forecast of a half year profit of about $90 million, before the repayment of the $68m received in wage subsidies"
Thats Gross Profit
They made
2019: 105m
2018: 84m
2017:84m
So nothing to out of the ordinary but not to bad considering the Covid plarva
See below for various...
Strong Buy -
Caught the move from $2.23 to $2.77 = 23% Roi and powered on through looks like it is going to continue, see no reason why not
Market will be strong until they start to raise interest rates and that won't be for ages, 2023 the Fed said.
See below for various details.
Market Screener: ...... Buy
Investing.com: ......... Buy
EMA -...
Not allowed to post a Screen shot of Fundamentals because TradeView said "NO", no links allowed to Free image hosting websites or any website, to those who only pay $46.00 NZ a month on Pro Account, it's in there House rules.
But anyway on my personal Spread sheet called NZ Scanner
Invest.com says "Stromg Buy" as of Friday 16th Oct
Moving Average says...
Warehouse Group WHS CMP - $2.43
Looking bullish in higher time frame. One can go for short term Investment with the following entry, exit & targets
Buy at or above $2.43 - $2.52 / Stop Loss $2.25
Target 1 - $2.85
Target 2 - $3.00
Target 3 – $3.50 / $4.00
Disclaimer: This is my view and for educational purpose only.
