"If one is chasing outperformance in the sector and is completely comfortable with the extra risk of a non diversified portfolio then I think having all one's retirement sector investment in MET is where the takeover action could be"
Thanks for your reply Beagle. Your comment aligns with my thinking. I held MET earlier but sold at 687. Time to get back in I think.
"If one is chasing outperformance in the sector and is completely comfortable with the extra risk of a non diversified portfolio then I think having all one's retirement sector investment in MET is where the takeover action could be"
Thanks for your reply Beagle. Your comment aligns with my thinking. I held MET earlier but sold at 687. Time to get back in I think.
Strategy to apply to just the retirement village sector but to the stockmarket as a whole :
"Mr. Munger, vice chairman of Berkshire Hathaway Inc. and Warren Buffett's longtime business partner, likes to say that one of the keys to great investing results is "sitting on your ass." That means doing nothing the vast majority of the time, but buying with " aggression" when bargains abound."
MET definitely fits into the 'buy with aggression' when bargains abound.
"If one is chasing outperformance in the sector and is completely comfortable with the extra risk of a non diversified portfolio then I think having all one's retirement sector investment in MET is where the takeover action could be"
Thanks for your reply Beagle. Your comment aligns with my thinking. I held MET earlier but sold at 687. Time to get back in I think.
if it was such a good investment why did all the suitors run for the hills lol , maybe because they think the sectors not worth it at the moment. maybe if your real lucky they might come back one day with a lower offer than before.
if it was such a good investment why did all the suitors run for the hills lol , maybe because they think the sectors not worth it at the moment. maybe if your real lucky they might come back one day with a lower offer than before.
Same reason why stocks like OCA was sold down to 40c on 22 March.
Same reason why stocks like OCA was sold down to 40c on 22 March.
lol your implying the suitors are dumb mugs that have no brains and got scared. the trade was the bounce just like oca not the value proposition because that wont be known untill later down the track , so your risk/ reward is that if you hold
lol your implying the suitors are dumb mugs that have no brains and got scared. the trade was the bounce just like oca not the value proposition because that wont be known untill later down the track , so your risk/ reward is that if you hold
Not mugs - in their boat, I will do the same - reset my bid at a lower price.
Thing is, bull - you have zero chance of getting back into MET at lower than the price you sold out a few days ago. Good try but market has woken up to the opportunity to invest in a heavily discounted stock - thanks to the arb funds HAVING to sell out.
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Originally Posted by pierre
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