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DUE - help needed

Chart Forum » Stocks - ASX: short term (strictly TA) » DUE - help needed

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hershy
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Username: hershy

Post Number: 2286
Registered: 10-2002

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Monday, May 25, 2009 - 06:36 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The DUE chart - especially anything weekly over 12 month is not a very good looking chart. Lower highs, lower lows, longterm MAs falling, it would not inspire much love. Yet it pays an excellent dividend, it is a monopoly distribution network of energy. A 13.4 cent div expected but not yet announced at end of June, this baby should be parabolic by now. Would anyone with fundamental analysis skills care to comment on what may ail DUE and more importantly why is it looking so miserable ?







I do it doji style !

http://members.optusnet.com.au/~hershy/

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palace
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Username: palace

Post Number: 871
Registered: 06-2003

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Monday, May 25, 2009 - 11:42 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



hi hershy

as you say,"dividend not say announced", always the possibility that it will be cut

cheers

mick


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