sharetrader
Page 126 of 1942 FirstFirst ... 26761161221231241251261271281291301361762266261126 ... LastLast
Results 1,251 to 1,260 of 19415
  1. #1251
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    Quote Originally Posted by JayRiggs View Post
    Given ARV and MET are trading around 16 times current underlying earnings, I reckon OCA should be on a similar multiple and reach $1.35 very very soon!
    Sounds logical enough

    But in reality why should they all be on similar multiples?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #1252
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    On NPAT ...real profits I think respective PEs are -

    SUM 7.4 using Dec 18 reported profits
    MET 8.0 using 4traders forecast $163m to year ended June 18
    OCA 11.2 using IPO profit forecast to May 18
    RYM 15.4 using March 18 reported profits
    ARV 8.4 using March 18 reported profits

    Maybe the market doesn’t price this sector on underlying earnings after all.

    More consistently around real profits ...with OCA and RYM most ‘expensive’ for.want of another word
    Last edited by winner69; 07-06-2018 at 01:44 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #1253
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by winner69 View Post
    That was back in early Jan

    Couts and me reckon RYM:SUM:OCA shareprice ratio should be about 10:5:1

    Was true back in January ....but not now for OCA

    Been a bit slack in spite of all the good news

    OCA should be $1.20 by know ...and Beagle thinks $1,12 in seven weeks time pretty good

    Will it ever catch up ...or will it just prove that the Winner Couts Theorem is a load of **** by always being a laggard.
    I'm buying OCA left right and center so for what its worth I think there is some merit in Couta1's relativity theory (although I very much doubt he will get knighted for it like Sir Isaac Newton with his theory of relativity)
    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

  4. #1254
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by winner69 View Post
    On NPAT ...real profits I think respective PEs are -

    SUM 7.4 using Dec 18 reported profits
    MET 8.0 using 4traders forecast $163m to year ended June 18
    OCA 11.2 using IPO profit forecast to May 18
    RYM 15.4 using March 18 reported profits
    ARV 8.4 using March 18 reported profits

    Maybe the market doesn’t price this sector on underlying earnings after all.

    More consistently around real profits ...with OCA and RYM most ‘expensive’ for.want of another word
    If these shares were priced based on reported profits inclusive of all property revaluations then SUM would be a lot higher than it is today as a PE of 7.4 for a company that's growing earnings at an average rate of 45% per annum for the last 6 years...those sort of numbers never go together...EVER ! Underlying earnings it is and the market slowly starting to do its SUM's on SUM. No worries, $9+ within a year.
    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. #1255
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    Quote Originally Posted by Beagle View Post
    I'm buying OCA left right and center so for what its worth I think there is some merit in Couta1's relativity theory (although I very much doubt he will get knighted for it like Sir Isaac Newton with his theory of relativity)
    Good on you ....and keep buying to get the price up more as I still hold .......and I want to make reasonable return before selling.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #1256
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,696

    Default

    Me too and dont forget to tell us when you are selling truckloads, or is that what you really mean now

  7. #1257
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by winner69 View Post
    That was back in early Jan

    Couts and me reckon RYM:SUM:OCA shareprice ratio should be about 10:5:1

    Was true back in January ....but not now for OCA

    Been a bit slack in spite of all the good news

    OCA should be $1.20 by know ...and Beagle thinks $1,12 in seven weeks time pretty good

    Will it ever catch up ...or will it just prove that the Winner Couts Theorem is a load of **** by always being a laggard.
    So...on that theory of 1 SUM = 5 OCA and with SUM at $7.50 OCA should be $1.50 !!!!

    But I'm not greedy so lets go back 6 months and SUM were $5.25 and OCA were $0.97, extrapolate that 5.41 : 1 ratio out and we get $1.39 fair value for OCA.

    Lets split the difference and say OCA should be $1.40 !
    Last edited by Beagle; 07-06-2018 at 02:15 PM.
    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

  8. #1258
    Advanced Member
    Join Date
    Jul 2015
    Location
    Napier
    Posts
    2,019

    Default

    I may just sell out at $10 per share until then I stay put

  9. #1259
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by Joshuatree View Post
    Me too and dont forget to tell us when you are selling truckloads, or is that what you really mean now
    LOL, no this is a great retirement stock in more ways than one. Holding for long term growth and growing dividends too, estimated at 5.5% gross next year.
    Some guy on here reckons you should look for companies that can grow dividends over the years and I reckon he's bang on the money.
    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

  10. #1260
    Member
    Join Date
    Mar 2013
    Posts
    442

    Default

    Quote Originally Posted by winner69 View Post
    It was $1.05 at end of December 2017

    In spite of all the good news and good guidance it’s only $1.03

    Hardly 1 or 2 cents a month is it ....but suppose patience is a virtue ...a real virtue
    I like optimism. 1 - 2 c movements are a real joy to see for me. I like it. I am far more real than optimistic too

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •