E is for Excellent Effort EBOS
Catching up with recent goings on I am pleased both with the recent EBOS full year results and the share-price - good to see something setting new highs.
Fairly confident that they can maintain their momentum and increase EPS over the next year or two*.
Best Wishes
Paper Tiger
*but do your own research - right?
Put it in your diary - have a bottle handy
Quote:
Originally Posted by
percy
...I still feel EBO is a $20 stock.Just don't know when that will come about,but I will be there to enjoy it.!!! lol.
Monday 4th July 2022
Best Wishes
Paper Tiger
1 Attachment(s)
I confidently predict we are wrong
Google disagrees with Yahoo on the price 5 years ago and I disagree with both of them.
(You would think the price was a fact, but no even this is subject to the handling of events such as reconstructions/cap raising/etc)
But using my definitive data here are the 5 year growth figures for Ebos NZ share price, dividends excluded:
Attachment 7622
He who is furthest away from the first $20 SP day buys the drinks.
Best Wishes
Paper Tiger
One year is a very long time in the stock market
Quote:
Originally Posted by
macduffy
Up another 23c today!
I'm usually a half-full man but this price is getting me a bit nervous. Any retraction might see me selling a few of my oldest NZ holding.
The share price has gone from $9.25 a year ago to $12.46 today and has also gone ex-div three times (including today) with $0.675 (net) worth of dividends.
So a total gain of 42%
Best Wishes
Paper Tiger
Disc: part performance is not a guarantee of future performance.
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Still not to be sneezed at
Quote:
Originally Posted by
glennj
I've been in since 1.04.2007 and reinvested the net divs in the DRIP when it has been operating. My computer book keeping programme shows this as an IRR of 244.71%. Time held is 8½ years therefore the annual gain is about 28.8%. ...
Your annual rate of return is 15.7% (You have to compound it)
Attachment 7633
Best Wishes
Paper Tiger
If you are making a good return on you money - be happy
Quote:
Originally Posted by
glennj
Hi PT, I just gave a simple average based on 8½ years since the first purchase even though the DRIP purchases are obviously staggered and more recent than that. I know about compounding and could have compiled a compounded annual return including the various DRIP parcels but didn't because the calcs would be much more complex.
I could see what you did but I did not want our listeners out there to get an inflated idea of EBOS.
But a quick and dirty compound calculation [=power(3.4471,1/8.5) or similar if you use a spreadsheet] gives a good flavour of historical average returns.
Quote:
Originally Posted by
glennj
By the way I used the net value of divs excluding WHT and imputation credits. Is there a "proper" way to account for divs when stating performance returns? (I know what is required on tax returns) For the performance calcs I add in the net value of divs in the hand even though at a later date there may sometimes be a refund for some of the WHT or imp credits.
The simple answer is that it is complicated
and the complicated answer is that it depends* :crying:.
Best Wishes
Paper Tiger
*I really don't want to clutter this thread with this sort of stuff what with tax exempt gains and taxable gains and all but:
value after tax at end of tax year/value at beginning of tax year is a good (but personal) measure of the real world.
Making the portfolio balance look good
Quote:
Originally Posted by
winner69
A few days late but got there ..........and beyond
The world seems a happy place at the moment
Fundamentally, technically, emotionally:
Overpriced, overbought, overjoyed.
Best Wishes
Paper Tiger
Irrational Exuberance - I CAN Do That As Well As The Next Poster
Todays tell you nothing you don't already know Investor Presentation appears to be helping EBOS on it's way to be
the first $100 share on the NZX*.
Best Wishes
Paper Tiger
*But probably not in my lifetime.