TRU - Truscreen

**kiora** · 10-01-2021, 04:28 PM

Did I just read a pun?
Gotta love it or leave it

**Not The Chosen One** · 11-01-2021, 12:27 PM

Another substantial climb so far today, sitting at 19c. Surely this can't be down to the duel listing as there hasn't been any other reports out recently?

Any long term holders finally seeing some personal rewards?

This is my 1 high risk share (I guess all are at the end of the day) and I'm pretty close to taking the money and running.

**Jiggs** · 11-01-2021, 06:22 PM

God bless the Aussies! I bought TRU shares 2 1/2 years ago for 25 cents, and hung on while they dropped to 25% of their value. But hanging on gave me the ability to obtain the same number of TRU shares for only 5 cents each, and then more 12 days ago at 7 cents, and suddenly I've made a 30% profit. The robot at Simply Wall St reckons the Truscreen company will start making a slight profit in 2022 and vast profits by 2024. Now I have to decide whether to sell them while I'm ahead, or hold on until 2024 and then sell them then. (For $5 each?

)
https://simplywall.st/stocks/nz/heal...-shares#future

**Pegasus2000** · 12-01-2021, 10:22 AM

Hope it will not be 5 cents again in 2024 - just kidding. However you can sell partially. The question is where to park your profit!?

**hling** · 12-01-2021, 12:21 PM

In 2012 I bought some PEB @35C and sold in Dec 2013 at $1.50, now after 7 yrs the SP just back to $1.20. LOL

**hling** · 12-01-2021, 01:12 PM

OOOOOOOOOOps

**JSwan** · 12-01-2021, 06:37 PM

So is the strategy to buy the dip now

**Felonius** · 13-01-2021, 10:51 PM

Originally Posted by JSwan

So is the strategy to buy the dip now

Possibly, but how long will it be before they actually start making a profit.
Their outgoings are quite high. If the profit is not forthcoming then further capital raisings are assured, and historically they have (mostly) been at big discounts.