Put my paws up for a small top-up at $4.97 at the close. Brilliant value at that price I reckon.
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
Topped up at $4.95. Based on build rate plateauing at 550 units/year and development margin falling to around 18% I think fair value is between $4.80 and $5.50.
Happy to pay a (lower bound) fair price for a good company.
Unfortunately I am unable to comment further on the SUM thread due to being privy to inside information of an ongoing nature, so I think it's best to abstain.
QUOTE=couta1;685226]Unfortunately I am unable to comment further on the SUM thread due to being privy to inside information of an ongoing nature, so I think it's best to abstain.[/QUOTE]
Interesting?.
I take it PMs are out too....!!....lol.
Will miss your well informed SUM posts.
Unfortunately I am unable to comment further on the SUM thread due to being privy to inside information of an ongoing nature, so I think it's best to abstain.
I think that's very wise in the circumstances 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
Unfortunately I am unable to comment further on the SUM thread due to being privy to inside information of an ongoing nature, so I think it's best to abstain.
Unfortunately I am unable to comment further on the SUM thread due to being privy to inside information of an ongoing nature, so I think it's best to abstain.
You can always comment on the Ryman thread .......
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Originally Posted by bull....
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