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18-05-2018, 11:56 AM
#3291
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23-05-2018, 11:18 AM
#3292
Member
I'm picking a share split this year. Any thoughts?
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25-05-2018, 11:32 AM
#3293
Interesting to note Kevin Hickman's trust trimmed their stake very slightly and banked a cool ~ $9m in the process.
Still has $35m shares worth a cool $402.5m...not too shabby for the $10,000 capital share that he originally invested eh !
Anyway...back to the real world for the rest of us. I might be reading too much into this but quite obviously he's a very astute guy so I think the timing of the sale is interesting coming just a week before the MSCI index rebalancing. With ATM going in with what one would assume would be a very high weighting one could safely make the assumption that the existing incumbent NZX stocks that are presently included within that index would have their weightings materially reduced and of course one of the bigger present allocations is RYM.
Good time to buy some on potential weakness with the pending MSCI rebalance ?
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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25-05-2018, 12:08 PM
#3294
Next Thursday afternoon is going to be massive on NZX .....zillions of ATM being bought and zillions of RYM, SPK, FPH etc being sold
How much ‘cooperation’ is their amongst funds?
Last edited by winner69; 25-05-2018 at 12:17 PM.
When investors are euphoric, they are incapable of recognising euphoria itself
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25-05-2018, 03:51 PM
#3295
Originally Posted by winner69
Next Thursday afternoon is going to be massive on NZX .....zillions of ATM being bought and zillions of RYM, SPK, FPH etc being sold
How much ‘cooperation’ is their amongst funds?
I would speculate a fair bit of cooperation goes on from what I have observed in the past. Its almost like some major funds agree a price and that's where the really big volume is done.
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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27-05-2018, 10:49 AM
#3296
Last edited by Vaygor1; 27-05-2018 at 10:50 AM.
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05-06-2018, 03:12 PM
#3297
Boring old RYM now at a new high.
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05-06-2018, 04:12 PM
#3298
Originally Posted by 777
Boring old RYM now at a new high.
Yep, but couta's formula broken. One SUM are now already 62.5% of RYM. Equality in a couple of years?;
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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05-06-2018, 04:39 PM
#3299
Originally Posted by BlackPeter
Yep, but couta's formula broken. One SUM are now already 62.5% of RYM. Equality in a couple of years? ;
I gave it two to three years, but Couta said not going to happen. So I give it 5 and the sp will surpass it easily
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05-06-2018, 07:52 PM
#3300
Originally Posted by BlackPeter
Yep, but couta's formula broken. One SUM are now already 62.5% of RYM. Equality in a couple of years? ;
It's far too early to say the formula is broken, remember the Couta theorum has stood for many years to date whereas SUM has only recently moved outside the 50-60% reversion channel. Balance will return to the force in due course. PS-I reckon SUM companies are only going to have an average result over the next year or so.
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