Ibm (ibm) Back On A Growth Path?

Discussion in 'Investment Charts' started by Chartman, Oct 18, 2017.

  1. gowiththeflow

    gowiththeflow Senior Investor

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    The stockmarket is a very fiickle animal - if you are out of favour you wont have a friend in the world, when it turns, it can turn very quickly!

    I wonder what the breakup value would be for the enlarged IBM group. Does anyone know?
     
  2. Chartman

    Chartman Senior Investor

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    After being slaughtered for what appeared to be relatively good long-term acquisition the share price has started to recover. It will need to break above the 20 day moving average which could lead to a surge towards the $140 level. Bombed out, looking to change the shape of the business in the long-term and a large buyback program on the table, not all doom and gloom?
     
  3. Buyonthedips

    Buyonthedips Senior Investor

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    Review: Buy on weakness ($119.90)

    The much heralded turnaround is taking longer than expected and acquisitions taking the company into new areas are causing concern. I would love to know the sum of the parts of the group - there must be some potential stand-alone gems in there?
     
  4. Chartman

    Chartman Senior Investor

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    While I like to concentrate on charts, the fundamentals for IBM are very appealing to me. Unless the share price is indicating major problems behind the scenes?
     
  5. Buyonthedips

    Buyonthedips Senior Investor

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    This is one we have missed out on, is it the breakup value of IBM which has made the difference?
     
  6. gowiththeflow

    gowiththeflow Senior Investor

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    This one certainly slipped under the radar! In hindsight it was a no-brainer with the sum of the parts more than the value of the company.
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    This one certainly slipped under the radar! In hindsight it was a no-brainer with the sum of the parts more than the value of the company.
     
  8. Buyonthedips

    Buyonthedips Senior Investor

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    This just shows that if you wait long enough then the underlying value of a company such as IBM will come to the fore. How many of us have the patience to wait this long?
     
  9. gowiththeflow

    gowiththeflow Senior Investor

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    If this is mainly a sell-off caused by general market concerns then any further weakness would be a very good buying opportunity.
     
  10. Chartman

    Chartman Senior Investor

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    IBM is bouncing along the support level, any bounce upwards could indicate further upside but further selling could see the price pull back significantly.
     
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