Gee winner you sure know how to dampen percys party now don't ya,were you a spoilt child by any chance?
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All good stuff. Nothing wrong with HNZ fundamentals.
But over the next month or so what happens to the shareprice has nothing to do with fundamentals, it all about what risk adverse nervous punters will pay (assuming anybody wants to buy anyway)
NTA is 90 cents ...maybe that the bottom if a slide is to happen.
(Note. MAC got banned when on the PEB thread he keep repeatedly keep posting lists of good things. I would hate it if you got banned for doing the same thing)
Great company, not the time to be holding at the moment for somebody who is not a long term buy and hold type. I'd love to hold for years if the price was steadily rising.
That's where I am at the moment.
Percy a good guy. We have had a lot of good banter over the years but he does seem to bring out the bad in me sometimes.
I thought it was quite interesting yesterday that notwithstanding the big bounce in the Aussie banking shares and for most of the day the Dow futures pointing 200-400 points upwards, HNZ opened significantly weaker and stayed down all day while many other NZX stocks recovered. Make of that what you will...
;)Just need to remember couta at any point in time some of us have our investing hats on ,some trading hats on and in winners case all hats on.