-
15-10-2020, 01:43 PM
#9211
feeling sick from missing this one... so much for snoopy view.. great on banks... not so hot on auckland and asian pacific city...
amazing...OCA should follow in a year or 2 or is it moving already.
-
15-10-2020, 01:49 PM
#9212
Originally Posted by Waltzingironmansinlgescul
feeling sick from missing this one... so much for snoopy view.. great on banks... not so hot on auckland and asian pacific city...
amazing...OCA should follow in a year or 2 or is it moving already.
I actually feel good about missing this one, I dont like the culture at the top so its a no from me, OCA and RYM on the other hand.
-
28-10-2020, 08:32 PM
#9213
Originally Posted by winner69
Reversion to the mean more often wins out over emotion etc
Whatever 18% pa share price gains for each over 10 years is pretty good
https://www.sharetrader.co.nz/attach...3&d=1593474174
Hey Coutts me ol mate. What's going on here ? SUM now more than 74% of RYM...never been that high before. Coutta theorem no longer applies ?
Winner mate, you need to update your chart.
Last edited by Beagle; 28-10-2020 at 08:33 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
-
28-10-2020, 08:42 PM
#9214
Originally Posted by Beagle
SUM way overvalued and RYM result coming up will see that ratio massaged back to reality, good things take time. PS-RYM looking like a good buy currently in contrast to SUM which is overbought.
Last edited by couta1; 28-10-2020 at 08:53 PM.
-
28-10-2020, 09:13 PM
#9215
RYM growth in underlying profit in the last 4 years has been 13.0%, 14.2%, 11.5% and 6.6%.
Its been 5 long years since they last slightly exceeded their goal of average annual underlying earnings growth of 15% per annum. RYM shares have actually underperformed the NZX50 in the last 5 years. Not really setting the world on fire with growth lately. Maybe when Simon Challis left the magic left with him ?
Maybe Earl Gasparich is the new Simon Challis ?
Anyway back to SUM. Wonder if Julian will pull another rabbit out of the hat with Q4 sales ?
Last edited by Beagle; 28-10-2020 at 09:17 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
-
28-10-2020, 09:14 PM
#9216
Originally Posted by couta1
SUM way overvalued and RYM result coming up will see that ratio massaged back to reality, good things take time. PS-RYM looking like a good buy currently in contrast to SUM which is overbought.
Won’t just be a rerate of RYM that restores the balance, it will be an OMG SUM it’s overdone and rerate down as well, imo. 75%, ridiculous, both sides will move soon. Wild card is the loose money from MET looking for a home, could upset the CRT for a bit longer before reality restores the balance. Interesting times in This sector.
-
28-10-2020, 09:23 PM
#9217
The dog is calling it. R.I.P Coutts relativity theorem. In my opinion it will soon be relegated to the dustbin of history as the best sticking theory on price relativity that never had any factual basis behind it. In the long run the market is a weighing machine, not a voting machine and earnings do matter.
Last edited by Beagle; 28-10-2020 at 09:25 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
-
28-10-2020, 09:30 PM
#9218
Originally Posted by Beagle
The dog is calling it. R.I.P Coutts relativity theorem. In my opinion it will soon be relegated to the dustbin of history as the best sticking theory on price relativity that never had any factual basis behind it. In the long run the market is a weighing machine, not a voting machine and earnings do matter.
You've been barking that tune for years now yet to date have found yourself barking up the wrong tree. PS-Im sure your last sentence is a message for A2 holders.
Last edited by couta1; 28-10-2020 at 09:35 PM.
-
28-10-2020, 10:09 PM
#9219
Originally Posted by couta1
You've been barking that tune for years now yet to date have found yourself barking up the wrong tree. PS-Im sure your last sentence is a message for A2 holders.
I'm right at this point in time though ...and no there was nothing intended for ATM shareholders in that post either explicitly or implied. Actually I'm really enjoying my break from that thread and I'd wager you and a few others are really enjoying me taking a break from it too lol
Last edited by Beagle; 28-10-2020 at 10:10 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
-
28-10-2020, 10:28 PM
#9220
Originally Posted by Beagle
I'm right at this point in time though ...and no there was nothing intended for ATM shareholders in that post either explicitly or implied. Actually I'm really enjoying my break from that thread and I'd wager you and a few others are really enjoying me taking a break from it too lol
Haha I actually took it as a positive as us holders are waiting patiently for that weighing machine to kick back into action, the counting machine can be like a torture chamber.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks