At the March meeting of Investment we looked at some results from the companies Reporting Season in February. We noted that companies that had missed their expected results even by the slightest margin had been severely treated by the market.
Overall since April 2015 the market has tumbled 20%. We looked at other years, namely 2002 and 2012 when a similar decrease in the market had been experienced. We noted that the fall in 2009 had been considerably greater than 20%, and that conditions then had been quite different to what they were during this last decrease. The encouraging aspect in 2016 is that the all ordinaries is now above the 5000 mark.
The next meeting of Investment will be on Friday 1st. April at 1.15pm in W4.
Overall since April 2015 the market has tumbled 20%. We looked at other years, namely 2002 and 2012 when a similar decrease in the market had been experienced. We noted that the fall in 2009 had been considerably greater than 20%, and that conditions then had been quite different to what they were during this last decrease. The encouraging aspect in 2016 is that the all ordinaries is now above the 5000 mark.
The next meeting of Investment will be on Friday 1st. April at 1.15pm in W4.
