Pavan Sharma

Closer to home, yesterday Qantas CEO provided a harsh reality check by suggesting the much hyped Trans-Tasman travel bubble has progressed but access is unlikely until July 2021, much later than commentary from official NZ government sources. 

Global markets sold off overnight (US market S&P 500 -2.6%) experiencing one of its heaviest falls in two-weeks as a continued surge in US covid-19 cases intensified the fears of another round of government lockdowns and economic damage.

Global markets were up overnight (US market S&P 500 +0.4%) as improving economic data and the prospect of more stimulus bolstered hopes of a swift recovery.

We reiterated our BUY recommendation on PPH at $3.44 in September 2019, then again on 6th April 2020 at $4.00. The Chart Depicts Primary Support at $6.90. The new entry support is at $7.88 as the stock may pull back to consolidate and then continue its jo

In our last report we were Hold rated at $0.64 on 9th April to mitigate the Covid Pandemic risk and the resultant wider economic risk. Since then the stock has moved higher given investor optimism. As of now the chart shows well positioned to retest the $