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The "50% of RYM" theory works pretty well these days, couta but it's not always a good idea to extrapolate a straight line too far into the future!
Last edited by macduffy; 17-12-2019 at 03:41 PM.
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Possibly worth noting the very well performing Kingfish group have more by value of SUM in their portfolio than RYM, despite the latter having four times the market capitalization. I don't hold overvalued stocks so don't own any RYM.
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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 Originally Posted by macduffy
The "50% of RYM" theory works pretty well these days, couta but it's not always a good idea to extrapolate a straight line too far into the future!
So true, and I am feeling a bit 'uneasy' about the massive advertising by all five at the moment, they all seem to have sizable land-banking, and forward build on the books, but are we making enough old people at present? Medical advances sure are giving them a chance to live longer, (if they wish to)
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Originally Posted by Beagle
Possibly worth noting the very well performing Kingfish group have more by value of SUM in their portfolio than RYM, despite the latter having four times the market capitalization. I don't hold overvalued stocks so don't own any RYM.
Lol, some overvalued stocks have made me a lot of coin especially the milky variety.
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The NZX50 is up 29% this year mate.
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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Originally Posted by Beagle
The NZX50 is up 29% this year mate.
Just did a total calc on all my trading/divvies and current portfolio increase and I'm up about 24% and that's with a couple of major milk tanker leaks.PS-Good chance of coming home hard on the home straight to top that 29%.
Last edited by couta1; 17-12-2019 at 04:20 PM.
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Originally Posted by Beagle
The NZX50 is up 29% this year mate.
So sum shares in particular have under performed this year
At the top of every bubble, everyone is convinced it's not yet a bubble.
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Originally Posted by winner69
So sum shares in particular have under performed this year
Not for buyers at the lows 😀
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Originally Posted by winner69
So sum shares in particular have under performed this year
SUM still lower than they were in August 2018 mate and are still incredibly cheap for their track record of growth and prospects.
2020 going to be a huge year for SUM in my opinion.
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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If the MET things goes ahead no doubt most of the proceeds will stay in the sector
Thatll create a lot of buying
Good eh
At the top of every bubble, everyone is convinced it's not yet a bubble.
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