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Newzealand

MCK Hotel Stock priced how it was 4 years ago - Awaiting AR ?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 that the market has priced in the Covid19 effects on this stock since this company is obviously extremely exposed to the effects of covid19 (lockdowns, border closed, etc...) since they rely heavily on tourism. However the company's latest annual report was for end of December 2019, and they do not seem to issue interim reports. Therefore we do not understand how much covid19 has actually impacted this company's financials just yet, so... Could this be a golden opportunity to keep an eye out for until their next report is released? What if covid19 has not effected their financial's as bad as the market has decided ? Their price at $1.77 is the price it was 4 years ago. Thats all for now from me. Food for thought!
NZX:MCK
by PondBlank
ridethepig | Dovish RBNZ Pricing & Commodity Shortages📍 RBNZ formula So what are we trading here? In this position it would be an obvious mistake to not acknowledge risk sentiment worsening over the weekend as cases continue to escalate, clearly the market is exposed to the storm (that is to say the series of localised lockdowns are a done-deal, the only question remains whether it becomes more widespread). On the monetary side, the correct flow to shelter from if things materially worsen (sadly looks inevitable) is the dovish RBNZ. After the latest meetings they have opened the window for a game changer on the stimulus front coming in August (via lowering domestic borrowing costs). Consider the situation on the AUD side of the equation: Commodity shortages are entering back into play via the Covid shock which is a prelude towards the monetary crisis. Gold, Iron Ore, Copper and etc all look set for further advance; it will keep the basis for some action to the topside in AUD via collateral. Here tracking closely 0.677x in AUDUSD and 0.637x in NZD as the line in sand for the cross. Look to ride AUDNZD up towards the 1.12 macro targets. As usual thanks all for keeping the feedback coming 👍 or 👎
Long
by ridethepig
ridethepig | EURNZD Trade of the Week📌 In spite of the overshoots to the downside, what we are trading here is a sacrifice... the 'sad tale of the last seller'. I love it when sellers go overboard. Threatening to breakdown, without realising the RBNZ has opened the August window for more free money and NZD devaluation via purchases. The euro occupies the throne in G10 which the dollar has vacated.. We all have our eyes on unity on the fiscal side, and a change of scenery! The euro continues its dance. The purpose of this move is to put into action the debt mutualisation / consolidation. But the move versus USD is becoming more difficult as risk approaches the horizon via Covid. In any case... time for a nice late breakfast while positioning in a dangerous situation. Thanks as usual for keeping the feedback coming 👍 or 👎
Long
by ridethepig
1
EURNZD Next Move!Good Day :) Hope everybody is having a great trading week so far (That's if you've been following my analysis) wink* Technical Analysis: EUR/NZD Bias: Neutral - On the 1Hour timeframe price action has broken out of the ascending trendline line. Therefore Price action is currently moving within a descending trendline. We do not have a clear bias at the moment, We will wait for price action to give us an indication by a break of either the resistance zone or the support zone. Once price action breaks one of these technical zones we then look for an entry in that direction of the breakout. Please don't forget to smash that like button & share if you've benefited in any way from this post. Trade safe & have a great trading week :)
by Yunus_V
2
It’s a wonderful day to sell NZDUSDThe Head and Shoulders are back. NZD looks primed to face a drop over the next couple of days, printing what can only be described as a textbook head and shoulders. Unfortunately, the only risk on this trade is that there is no specific neckline, which makes take profits a bit hard to mark, and makes the trade a bit inconsistent. However, I have high faith that this trade idea will work out. By looking at the technical indicators, we can clearly see that NZDUSD has run into its local resistance, accompanied by the infamous H&S pattern. I will be selling this at a reasonable rate and will take profit in the green zone.
Short
by lndlsnt
New Zealand dollar coming to the end of the channel🤷🏻‍♀️Hey, friends!😍 ⚠For the first time I am doing an analysis on New Zealand dollar👈🏻  The chart looks interesting🧐 NZD/USD goes to the channel and rests on the resistance level 0.6786, which means, that we are waiting for the next move to be able to successfully open a deal.🎯 I see the opportunity to expect price fixing, the level 0.6786 very powerful, growth is possible. Although if you recall the situation in the world, then many people are afraid to open long now.🤷🏻‍♀️ Guys, remind you.📌 Be careful when opening transactions, especially if we are a short-term trader. Put Stop Losses and Take Profits. Do not be greedy, the market is too volatile today.📌 I embrace everyone🥰 Let's go further 👉🏻 Stay with me❤ Your rocket bomb🚀💣
by RocketBomb
4