Log volumes doing very well according to the report from them the other day
Looks like all the gloom about exposurevto logs was not warranted
The very loud prophets of doom on FP, certainly talked themselves out of a very nice 33.8% gain on NPH's IPO price.
At times investors have to ignore the noise.
The very loud prophets of doom on FP, certainly talked themselves out of a very nice 33.8% gain on NPH's IPO price.
At times investors have to ignore the noise.
Yep ignoring the noise is good tactic
And not believing much of what you read in the media is also a good tactic
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
It has been good to see the short term ceiling has been hit so far. Congratulations to holders so far on a fantastic listing. I do want this share and will look into it as longterm hold, but not at these prices when there is a lot of headwind coming (as in money spent towards expansions). I wait for the future and hope in the short-term to get in around $2.80-$3 as long as the story is a good story. I maybe dreaming of course in some peoples eyes, but then OCA was a steal at $1 and it went back there after a long time.
The very loud prophets of doom on FP, certainly talked themselves out of a very nice 33.8% gain on NPH's IPO price.
At times investors have to ignore the noise.
Yeah Snapiti was relentless in his negativity in an authoritative manner(I know people in the industry etc). My memory of him on here was very different, i appreciated his being here so am at a bit of a loss how he called it so wrong ATPIT.
I remember the days when we were told by some on here that Napier port was an absolute no go as log prices were going to crash the growth story... seems like that didn't eventuate and the results are (literally) a record on many accounts...
Very tidy result. Strong cashflows. Solid long term asset with growth aspirations. No worries re logs, the wall of wood is coming and they have to be cut with only a few years of leeway.
Reply With Quote
Originally Posted by winner69
Bookmarks