If sentiment on this forum was a good contrary indicator, we'd all be loading up on MPG, TGH and FBU. These businesses all have value and, at some point, they may be good investments (with the emphasis on "may"). I have a small shareholding in FBU but am a long way from investing meaningful amounts of money in any of the three - i just see lower risk propositions elsewhere.
If sentiment on this forum was a good contrary indicator, we'd all be loading up on MPG, TGH and FBU. These businesses all have value and, at some point, they may be good investments (with the emphasis on "may"). I have a small shareholding in FBU but am a long way from investing meaningful amounts of money in any of the three - i just see lower risk propositions elsewhere.
MPG - wait for appointment of new CEO.
FBU - wait for capital raising (will be similar to TWR).
TGH - screwed until major change of business strategy, which will be impossible to change without massive short term costs.
Marketwinner why are you looking for losers ? Why not look for winners that will go further ?
Agree 100%. Most of the mutts have a heavy flea infestation that often takes years to fix. Better off backing pedigree greyhound winners, its far more rewarding.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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