Tegel IPO

[Master98]

never ever on panic mode.

[IAK]

Yay. For once my fear of crystallising a loss and delaying an awful decision has paid off atp Phew!.

My thoughts exactly lol.

[percy]

I always sell companies that do not achieve what they forecast they will do.
In TGH's case it was their own figures,not some broker's forecast.And that means they have no credibilty with me.
Gone.!

[Joshuatree]

Yes i agree esp re credibility; this is generally the assertive action to take. I do note esp in aus the response is ruthless to undershooting and stocks can be also oversold. The maxim of; one bad announcement is followed by a few more, motivates the get out actions.
Each day in every way I'm getting better and better at selling..... each day in every way I'm getting better...

[percy]

Yes i agree esp re credibility; this is generally the assertive action to take. I do note esp in aus the response is ruthless to undershooting and stocks can be also oversold. The maxim of; one bad announcement is followed by a few more, motivates the get out actions.
Each day in every way I'm getting better and better at selling..... each day in every way I'm getting better...

I just "do it."
Recycle the funds.
There are plenty of excellent companies who achieve what they say they will do.
I invest in them.

[Biscuit]

I just "do it."
Recycle the funds.
There are plenty of excellent companies who achieve what they say they will do.
I invest in them.

Totally agree, hard and fast rule

[777]

That's investing. Trading though is different. Good buying last week. Now just to judge the time the sell.

[peat]

That's investing. Trading though is different. Good buying last week. Now just to judge the time the sell.

Better to trade in the direction of the main trend though.... any surprises are more likely to be (UN) favourable

[Joshuatree]

Yeah ballsy stuff 777 good luck to you.. Ive saved 10 c share atp by holding.

[Hectorplains]

https://www.nbr.co.nz/article/tegel-...ms-jr-p-198203

Sounds like Inghams are basically dumping?