Judging from the anticipation on here you guys collectively must be wanting a million plus shares
hope you been buying on way down ....once it does turn it will rocket up ...fast ...and there won't be any sellers ...and the real bargain will only be a bargain
I did, and I'm keeping a watch on it getting cheaper. If it does I'm more than happy to average down - plenty of long term potential value in this stock.
The hound continues to embrace his inner possum. We have at least one more disaffected institution, (Milford) to clear off before this gets any SP traction.
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
A tentative punt at 107 for myself. Looking purely to cash in on a small bounce.
My experience of the commercial construction industry is to head to asia for curtain walling. And any large scale residential developer could well see opportunities abroad. Particularly with modular housing etc...bulk buy standard sizes and so on.
And we're not at the best end of the residential boom.
Yeah no doubt new houses will be built. But I don't see it as growth. A continuation of the existing is about all I can see. Not many indications for any significant growth nationally.
But having said that I did invest today...mainly because I like a low price!
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