Investment Tools - WASINT - (Web And Software INvestment Tools) Group
The regular meeting on 12 March 2019 is at the Melbourne PC User Group headquarters at 10.30 am to 12.30 pm (location details as for Melb PC monthly meetings, 479 Warrigal Road, Moorabbin).
The ASX February Reporting Season has come and gone. The yardstick is increasingly whether companies meet market expectations rather than improving financial performance. Company reports which beat market expectations may lead to double digit per cent jumps on the day of the report and those that do not to double digit falls. Even companies with improved financial performance not meeting market expectations generally fall on the day of the report. With a small time elapsing since most reports, this meeting with consider companies with share prices which have both jumped and fallen by double digit per cent amounts on the day of the report in relation to subsequent price movements. These price movements will also be discussed in relation to the longer term price trends of the companies.
The User Group Meeting rooms are the top floor, north side of 479 Warrigal Rd. The building is on the west side of Warrigal Road, just south of Cochranes Rd opposite Bunnings. Preferred parking is likely behind the building, entering by the access road just south of number 479. If coming from the north travelling south along Warrigal Road it is necessary to travel a short distance past number 479 and then execute a ‘U’ turn at the provided location in the dual carriage way.