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24-11-2020, 12:54 PM
#5371
New ATH $6.65
Maybe $10 isnt a pipe dream after all
At the top of every bubble, everyone is convinced it's not yet a bubble.
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24-11-2020, 01:25 PM
#5372
 Originally Posted by Balance
$10 Dreaming or are we on the way there?
I think we are on the way there. Looking past the short term I am optimistic about the brand value of Glassons and its ongoing strong growth in Australia. Such a big market, (more than 5x N.Z.) and market penetration so far is quite modest with sales slightly behind N.Z. so far...but that won't stay that way for much longer 
I think this is more than a yield story and much more than a trading range story and people who recently sold thinking the historical high of ~ $6.40 was where it would top out are going to be very surprised.
One thing is for sure. I am not selling !!
Last edited by Beagle; 24-11-2020 at 01:26 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
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24-11-2020, 01:36 PM
#5373
Originally Posted by Beagle
One thing is for sure. I am not selling !!
Couldn't resist - I bought a few more this morning.
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24-11-2020, 01:44 PM
#5374
Originally Posted by Balance
Couldn't resist - I bought a few more this morning.
I am fighting the urge to do a Couta1, maybe resistance is futile lol. (I already have a very fulsome position).
Perhaps its my imagination but it looks like liquidity and volumes are improving in recent times which if so, won't do their chances of inclusion in the NZX50 in due course any harm.
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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24-11-2020, 02:50 PM
#5375
Member
The share price in recent years has been quite cyclical, can you see further upside from here and would you consider it still a buy then at these levels?
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24-11-2020, 02:57 PM
#5376
Originally Posted by Playa
The share price in recent years has been quite cyclical, can you see further upside from here and would you consider it still a buy then at these levels?
Have you read the last 10 pages of this thread ? Asked and already answered by many on here !
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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24-11-2020, 03:02 PM
#5377
Originally Posted by Playa
The share price in recent years has been quite cyclical, can you see further upside from here and would you consider it still a buy then at these levels?
The best thing you could do is to give me your shares, in a custodial role, if they go down, I will give them back, if they go up, we can go halves on the price difference between today, and the date you nominate.
Is that fair?
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24-11-2020, 03:06 PM
#5378
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24-11-2020, 03:17 PM
#5379
Originally Posted by Playa
I have now..thanks 
What you think now .....lots of upside
At the top of every bubble, everyone is convinced it's not yet a bubble.
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24-11-2020, 03:25 PM
#5380
Member
Originally Posted by winner69
What you think now .....lots of upside
I might have a small nibble I think
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