Broker reports are only opinion
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Broker reports are only opinion
Trade data is fact, brokers have that data, but we haven't seen any of it posted or put up as evidence to support the suppositions stated in a manner that implies they are facts.
Trouble is, even if the data was available, it's still not clear who's acting for who on behalf of whom etc. So the only fact is that no one seems to have any facts about which shareholders are actually doing the buying and selling. Otherwise it's all conjecture, and should be stated as such, imho.
Like this for example: 'I think it's probably the big US shareholders and not the NZ Insto's or Funds or large individual shareholders that are doing the selling today'. Then we would know it's an opinion, unsupported by facts, but nevertheless worth pondering.
A forum is simply an exchange of ideas(or opinions) with or without facts to back them up. Unless someone clearly states that what they are saying is fact, then they are are not saying it is fact, you can assume whatever you want but you could also be completely wrong in your assumptions.The fact that you now find Rogers communicating style more appealing just means you agree with him more than you used to, you now value his contributions, yet they have always been valuable. Unless people are being insulting or downright rude or state that their opinion is outright fact (without evidence) then let them be themselves.
Surely you've picked up on Rogers posting style change; have a look ; little changes make a big difference ; same with his weight; he's on a born again Mission:D. Those examples BB and I gave ,have another look; little changes make a big difference to the reader; be open to it rather then closed. Make an informed response rather than a reactive one. Think how others may be seeing you esp newbies i.e. outside of ones own bubble.We have a big responsibility on forums if we want to share; lets do it right .
Such a boring stock but I love it, up on average buy price with big divvy coming Friday, what's not to love.
Congrats mate so its trading ex divvy and you've effectively stripped the dividend as well as still being up on your recent acquisition price. In my opinion, and certainly based on the comprehensive Australian study I reviewed, most times, most companies recover the amount of the dividend fairly quickly. Predicting the future is always hard, (and I still believe its best not to be too sure of one's ability to second guess where the market is going, hence my belief in a well diversified portfolio of quality stocks), but I think dividend stripping is a very valid investment methodology especially when used in conjunction with sound technical analysis and fundamental analysis although as discussed I have some reservations about how hard you're going at this approach.
SUM very good long term growth and value elsewhere in the market in my opinion :)
Thanks Roger, I know your not comfortable with my hard out approach and I respect that, takes a bit of perseverance to see past a very large red arrow like I had beside this stock just a week ago, but I reckon I'm well practiced at the art by now. PS-Just to keep you happy, and so I don't have to use my wife's proxy card to get into the Sum AGM, I bought Sum today.:cool:
Good on spark for not increasing the bid would have been way overpaying for the asset.
Fair enough mate and congrats, there's SUM marvelous long term growth there and you've bought at a great price :) not so sure you'd call the long term growth prospects of Spark electrifying...
You might still need that proxy card as annual meeting notices / admission cards have already been sent out.