Originally Posted by
peat
assuming constant compounding growth over long periods is unrealistic for many reasons
350 this last year. Mav says 400 as a goal, Beagle talks 600 and now a 1poster is throwing 800 around. Do I hear a k? Anyone?
Its great to have aspirations n all but before we start counting our retirees before they've even left university lets stay a bit calm and remind ourselves of sectoral balance and consider things patiently with due regard to business cycles, resource contraints, competition, demand, land availability, regulation, etc etc.
Plus a somewhat asymptotic looking chart. Remember what MET has actually shown us so far - that NTA is the best the market can do?
Even if this particular business goes perfectly to plan the market could change and mid-teens start to become considered a high PE. It does happen
(trying to play the voice of reason)