I have a pretty conservative valuation on MHI at 90c-$1 (check out previous post, and gregnz.wordpress.com). Thats essentially saying they will only grow at about 2% forever. Am looking forward to AGM, although have some ... questions about the 'incentive scheme' for Mike Parsell. Not very keen on that scheme, anyone else got any thoughts?
W69 always checks with the tea ladies and if they don't have good stuff to say he backs off.
Winner, Im not baiting, im genuinly interested. Is it a TA thing you have or do you feel more comfortable buying on the up out of the range as it were? I think MHI has a way to go but that is just my humble opinion. And a EMH fan would say I know as much as my neighbour
MHI jumped up from around 71c on 7th october to 82c today, a climb of about 17% in 3 weeks. I'd love to blame my valuation affecting the markets, but the only time I affect the markets is either when I buy (and prices drop like a stone) or when I sell (and prices climb like the space shuttle). Anybody got any thoughts as to the timing of the climb?
76 was the magical number .... MHI had never closed above that for the last 2 years .... every time it went over 70 it met resitance at 74/75/76 and then feel back .... 2 years plus is a long time to essentially go nowhere ... opportunities elsewhere during that time I say
Now that Kim has caused the shackles to be broken MHI might go uo to where most think it should .... buy when the behaviour past trends have been broken I say .... but with tight stops
Kim might know more than the tea lady ..... maybe pillow talk better than tea leaves ... wishful thinking eh
Bit difficult getting a fair chunk ... hope don't need to sell in a hurry if this just a burst of irrationality
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