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  1. #1
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    Default Is the market getting ahead of itself.

    With the market charging ahead like there's no tomorrow, when is a good time to lock in profits. And if you do, where do you reinvest.
    A quote attributed to Margaret Thatcher goes along the lines of
    "The problem with socialism is that eventually you run out of other people's money."

  2. #2
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    Quote Originally Posted by Waiuta View Post
    With the market charging ahead like there's no tomorrow, when is a good time to lock in profits. And if you do, where do you reinvest.
    Wait until May-June to reinvest I reckon.

  3. #3
    ShareTrader Legend bull....'s Avatar
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    where else you going to invest
    one step ahead of the herd

  4. #4
    ShareTrader Legend Beagle's Avatar
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    AIR - forward PE ~ 8 gross yield ~ 12%
    HLG - forward PE ~ 10 gross yield ~ 12%
    HGH forward PE ~ 11.5 gross yield ~ 9%
    SUM forward PE ~ 12 compound average growth rate since listing ~ 40% per annum
    GNE gross yield 7% attractive for a safe utility and CEN and MEL also on highly attractive yields
    ARG PIE yield 5% ~ 7.5% gross for people on a 33% tax rate
    ZEL gross yield 11%

    The answer to the thread question is No, there are definitely pockets of good value and excellent returns still out there and I would pose this question. Where else are you going to find value and yields like this ?
    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

  5. #5
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    AIR - forward PE ~ 8 gross yield ~ 12%
    HLG - forward PE ~ 10 gross yield ~ 12%
    HGH forward PE ~ 11.5 gross yield ~ 9%
    SUM forward PE ~ 12 compound average growth rate since listing ~ 40% per annum
    GNE gross yield 7% attractive for a safe utility and CEN and MEL also on highly attractive yields
    ARG PIE yield 5% ~ 7.5% gross for people on a 33% tax rate
    ZEL gross yield 11%

    The answer to the thread question is No, there are definitely pockets of good value and excellent returns still out there and I would pose this question. Where else are you going to find value and yields like this ?
    You didn’t mention OCA (but I will forgive you for not mentioning Turners)

    I would include A2 when discussing this topic
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #6
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    Quote Originally Posted by Waiuta View Post
    With the market charging ahead like there's no tomorrow, when is a good time to lock in profits. And if you do, where do you reinvest.
    Not really, unless you only look at APT over in aussie, where a $5.6b company makes (is expected to make) $3m profit

  7. #7
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    Quote Originally Posted by trader_jackson View Post
    Not really, unless you only look at APT over in aussie, where a $5.6b company makes (is expected to make) $3m profit
    Or Xero which is worth over that in Australian dollars

  8. #8
    Member Onion's Avatar
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    Quote Originally Posted by Waiuta View Post
    With the market charging ahead like there's no tomorrow, when is a good time to lock in profits. And if you do, where do you reinvest.
    Some of the yields noted on this thread are attractive on first glance.

    The real question is whether the market's charge will be sustained. Yields are all fine and dandy right up until when market drops and sucks a couple of years worth of dividends straight out of your portfolio.

    Money in the bank doesn't generate a great yield at present but it also doesn't devalue -- except perhaps by opportunity cost and inflation.

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