Originally Posted by
winner69
Agree with you wholeheartedly mate
Mr P had a version of that market behaviour thingie ....something like the market taketh away but often giveth back heaps more (for great companies)
I won't be taketh camp away but looking forward to the giveth back heaps bit.
Ryman will continue to make heaps of money but the market sometimes only wants to pay 15 times earnings and sometimes 30 times earnings .....hence large cyclical swings in the shareprice,
Maybe selling tomorrow (not allowing the taketh away) and waiting for the giveth heaps back time.
But I appreciate you are long term investor type which is good. You know a bit of short term pain not too bad as in 5 to 10 years time you be a lot richer eh. You been through al these cycles before eh.