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View Full Version : Post-election winners and losers


Valuegrowth
28-10-2017, 10:47 AM
Market has created some short term opportunities. In my opinion, now onwards only value stocks will have some safety.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11937109
artemis
28-10-2017, 11:37 AM
We know there will not be a capital gains tax for three years (if ever) so a selection of growth stocks will be a decent punt....
Cricketfan
28-10-2017, 12:06 PM
Market has created some short term opportunities. In my opinion, now onwards only value stocks will have some safety.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11937109

How did they calculate the returns for PushPay? 702%?
Valuegrowth
28-10-2017, 07:20 PM
How did they calculate the returns for PushPay? 702%?


Around July 31, 2014 it was traded around 0.57
July 31, 2015: around 1.46
July 31, 2016: 2.58
By November 30, 2016 dropped to 1.40 (another good entry if we have missed)
Finally touched $3.00
Current price: 2.89

If we have bought at 0.57 in July 31, 2014, still it is not 700% but about 526%.
I think after IPO it dropped to around 0.36.If somebody bought at 0.40, 700% return is correct.

By looking at some share prices, I am really fearful now. It is time to go behind value stocks. Those stocks which went up without any fundamental back up should go down sooner than later. Eventually, stocks should enter bear market territory as well.