VGL - Vista Group.

[tango]

Report season has been the definition of “contrarian”

Can't argue with that.

In fairness the Market has hardly had any time to speak either positively or negatively this week!!

Although I don't currently hold VGL, I like the company's products and management. I also like the industry and am an old school movie fan.

From a TA perspective, things are looking promising with a possible golden cross in the offering.

Unfortunately VGL is facing a market in the midst of Covid disruption, so I think I will forgo the fun (?) of 'picking the bottom' and wait for a more confirmed uptrend. GLH.

VGL have a great product and moat but I bought in before COVID. I bought some more at the dip but my average cost is still sky high. This is definitely a verrrrry long term proposition with lots of uncertainty. Fisher Funds love VGL and have been scooping up shares at the low points.

[Lease]

Can't argue with that.



VGL have a great product and moat but I bought in before COVID. I bought some more at the dip but my average cost is still sky high. This is definitely a verrrrry long term proposition with lots of uncertainty. Fisher Funds love VGL and have been scooping up shares at the low points.

It's quite sad you bought at sky high price. Sometimes I love market turbulence as it gives me chance to buy good companies at low price. I'm lucky to find VGL after Covid-19.

[tango]

It's quite sad you bought at sky high price. Sometimes I love market turbulence as it gives me chance to buy good companies at low price. I'm lucky to find VGL after Covid-19.

Lucky you.

My broker recommended it and put me in it at $6. OUCH 😓
I bought more at $1 but I still have a high average cost

[Leftfield]

Lucky you.
My broker recommended it and put me in it at $6. OUCH 

Brokers.... you've got to love them!

[flyinglizard]

Should buy more to get the average price down, it will come back to $6 price range after 3-5 years.

Can't argue with that.



VGL have a great product and moat but I bought in before COVID. I bought some more at the dip but my average cost is still sky high. This is definitely a verrrrry long term proposition with lots of uncertainty. Fisher Funds love VGL and have been scooping up shares at the low points.

[Quantitative Easing]

Can't argue with that.



VGL have a great product and moat but I bought in before COVID. I bought some more at the dip but my average cost is still sky high. This is definitely a verrrrry long term proposition with lots of uncertainty. Fisher Funds love VGL and have been scooping up shares at the low points.

Don't worry mate. It happens to all of us. You could either trade it for a while to eat away at the paper loss or just hold and keeping buying at dips. But with the latter option you have the risk of your portfolio being too heavy on Vista. Best of luck my bro.

[winner69]

There was a discussion on the radio the other day which essentially said that movie theatre patronage will never recover post-covid to anywhere near historical levels

One reason why go to the movies when you can stream the latest movies and watch in the safety of your home.

[Quantitative Easing]

There was a discussion on the radio the other day which essentially said that movie theatre patronage will never recover post-covid to anywhere near historical levels

One reason why go to the movies when you can stream the latest movies and watch in the safety of your home.

But Sir not everyone lives in a reclusive mansion in Remuera with home theatres. I would say most people around the world do not have a home theatre system that could compare to the cinema experience. Markets like India and Africa have huge upside potential for the cinema industry.

[Hello123]

There was a discussion on the radio the other day which essentially said that movie theatre patronage will never recover post-covid to anywhere near historical levels

One reason why go to the movies when you can stream the latest movies and watch in the safety of your home.

Great did they also give us the lotto numbers to this weeks draw?

[winner69]

Great did they also give us the lotto numbers to this weeks draw?

Yep -- 5 19 21 29 33 34 and Powerball 4