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16-08-2018, 12:20 PM
#2641
Originally Posted by Beagle
The degree of disappointment depends upon what you paid for them. At one point they traded as high as nearly $1.10 on the prospect of them providing upside potential well above the $3.75 maximum conversion price. I'm not as disappointed as shareholders who bough the shares at ~ $3.90 though !
Wonder when this dog will start barking ?...(opps did I really say that out loud) For homework tonight I'd better write 100 times...I must not p inside the tent (pleased I sold half my shares at $3.16 in anticipation of this conversion)
OK….got it....I got my bonds at face value when they were issued....so for me....all good.
Cheers, RTM
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16-08-2018, 12:37 PM
#2642
Originally Posted by RTM
OK….got it....I got my bonds at face value when they were issued....so for me....all good.
Cheers, RTM
I think they are being "ambitious" trying to launch another bond issue at just 5.5% with no convertibility option but good luck to them.
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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16-08-2018, 03:09 PM
#2643
Under $3 is buy more territory for me, bond conversion price under $3 could be weighing on the minds of some? PS-Nice move Beagle, your half sale was all right.
Last edited by couta1; 16-08-2018 at 03:23 PM.
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16-08-2018, 04:30 PM
#2644
Its pretty sad to see them under $3 again. Really does make you wonder what with a national roadshow and all and they can't even hold $3.
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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16-08-2018, 04:36 PM
#2645
Originally Posted by Beagle
Its pretty sad to see them under $3 again. Really does make you wonder what with a national roadshow and all and they can't even hold $3.
Sure is,but it's a boring low liquidity stock so you get a lot of restless reef fish doing what they do.
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16-08-2018, 04:45 PM
#2646
The market values Turners at the current price,so that's where it trades.
It is for investors to work out for themselves, whether the market is correct or not.
Sometimes you can be wrong, and the market says you are right,while other times you are right, and the market says you are wrong.
The market always adjusts to earnings and dividend growth,[just can take its time doing so.].
This is why investing is so rewarding, and so much fun.
Last edited by percy; 16-08-2018 at 05:02 PM.
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16-08-2018, 05:51 PM
#2647
Couldn't resist to buy today some more given the good info in the roadshow and today's price. I guess if I want them, than its certainly more fun to buy them cheap - isn't it?
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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17-08-2018, 03:15 PM
#2648
Bentley Motors celebrates a centenary soon
Here’s a cool history for those interested
https://www.bloomberg.com/news/spons...-UDAAAAAAFEANA
Sorry not on topic but is thread about cars
Last edited by winner69; 17-08-2018 at 03:18 PM.
When investors are euphoric, they are incapable of recognising euphoria itself
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17-08-2018, 03:59 PM
#2649
Originally Posted by BlackPeter
Couldn't resist to buy today some more given the good info in the roadshow and today's price. I guess if I want them, than its certainly more fun to buy them cheap - isn't it?
Unless they get even cheaper Clear breakdown through the 100 day MA now. Every time lately someone is brave enough to put up a decent volume bid it gets smashed. Hmmmm, make what you will of that...but I for one am not feeling especially brave with this one right at the minute. Maybe it'll test $2.80 again ?
Last edited by Beagle; 17-08-2018 at 04:01 PM.
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
-
17-08-2018, 04:22 PM
#2650
Originally Posted by Beagle
Unless they get even cheaper Clear breakdown through the 100 day MA now. Every time lately someone is brave enough to put up a decent volume bid it gets smashed. Hmmmm, make what you will of that...but I for one am not feeling especially brave with this one right at the minute. Maybe it'll test $2.80 again ?
You could be right Beagle, $2.96 just got smashed, bid depth is atrocious, time to stop nibbling me thinks.
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