Updated this chart of EBO share price v EPS over the years
One might say that based on history the EBO share price has got ahead of itself .....but 2020 is going to be ‘significantly higher ‘ they say (the new big contract no doubt)
But I reckon EBO is seen in better light these days ...being big helps ....and essentially being an Aussie company now may have something to do with it.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Updated this chart of EBO share price v EPS over the years
One might say that based on history the EBO share price has got ahead of itself .....but 2020 is going to be ‘significantly higher ‘ they say (the new big contract no doubt)
But I reckon EBO is seen in better light these days ...being big helps ....and essentially being an Aussie company now may have something to do with it.
nice chart and yeh gut says sell, but brain says HODL AND BITD
nice chart and yeh gut says sell, but brain says HODL AND BITD
The share price is certainly high in historical terms.
I think the answer might be to take some profits by selling part of your holding.
We bought into Ebos 6 years ago at approx. $10.00 per share.
Yesterday I sold 20% of those shares at $24.00 per share.
The price (and market) may continue up but one never knows what is around the corner.
There is a comfort level in having reduced our risk while prices are so favourable.
Updated this chart of EBO share price v EPS over the years
One might say that based on history the EBO share price has got ahead of itself .....but 2020 is going to be ‘significantly higher ‘ they say (the new big contract no doubt)
But I reckon EBO is seen in better light these days ...being big helps ....and essentially being an Aussie company now may have something to do with it.
If eps jumps to say 1.40 your chart would have the price north of 30 dollars, probably more because nothing puts a rocket under a stock price better then a big jump in EPS
nice chart and yeh gut says sell, but brain says HODL AND BITD
Sold EBOS @ 13.53 Oct 15. Bought them back again @13.54 Jan 16. Sold a little less than 50% Aug 17 @ 17.80. Thought I was doing well with all the sales...…..The outlook seems good. I'm going to sit tight. Lesson learnt.
I sold some in the high 22's so only just now with the price coming back below 24 it is beginning to ease my disquiet (a little). It had gone quite a bit parabolic.
Patience , Grasshopper I keep telling myself.
Winner I think it is a big question how much profit the Chem Warehouse deal will generate, even if it does bulk up turnover.
I still have a lot of confidence in this company to do well. Patience...
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