Thanks Yoda. People have to live somewhere, they don't have to drink A2 Milk. 37% compound average growth rate for the last 5 years is quite SUM achievement and only trading on a forward PE for 2020 of about 15-16. No other stock on the NZX is trading on proven metrics that compelling and a PEG of just 0.4Originally Posted by Yoda
It is all fun and games on here. Everybody thinks they’re right and that’s what Makes this site so interesting. Couta1 loves his milk And beagle loves the old folks. Unfortunately no one has a crystal ball. You could do some diversification and get a bit of both or do something else completely Like SKO. Beagle does give some very good analysis, so trying to understand it and I look up what I don’t understand. It’s a bit difficult to understand what is tongue in cheek, between what is researched, I take it with a pinch of salt and do lots of lots of research Make notes, so you remember what you decided what you did, and then go for it . When the MAs are one above the other, then that might be a nice indicator.
Beagle ,Winner 69, Balance, Couta1 and all the rest of you, Thank you for another entertaining and educational year and for all your help and support and sharing your wisdom and humour, let’s hope we all have a good 2020 vision for next year
I think there's going to be a decent dividend for then half year earnings to 31 December 2019 on top of the $7...at least that is my expectation that the board would have thought of who is entitled to earnings for the last 6 months, i.e. current shareholders. Hopefully this dividend will be based on IFRS profits, (i.e. all inclusive profit inclusive of property value gains since 30 June 2019). Provided that's the case I am inclined to accept and move on.
A lot of money will stay in this retirement sector which is why the rest of it is on fire.
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