sharetrader
Page 185 of 1942 FirstFirst ... 851351751811821831841851861871881891952352856851185 ... LastLast
Results 1,841 to 1,850 of 19415
  1. #1841
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Yeap, could easily double I reckon mate or quite possibly a fair bit more. 37% earnings growth this year followed by 20% in FY20 and FY21 (1.37 x 1.2 x 1.2) = 1.97 times your money and that's without any PE expansion at all, off by all comparisons in this sector, a very low PE base at present.

    I'm sure you do Joshuatree, but not everyone on here understands the fundamentals or the effect of compounding underlying earnings growth. Just doing a bit of vision casting on where this could go and there's a fair bit of supporting historical evidence with SUM other great companies in this sector to support my thesis.
    I really think its very important to look at least 5 years ahead on what a company might be valued at and in that regard I see this company having the genuine prospect of replicating the stellar gains of other great retirement stocks in their early years.
    Last edited by Beagle; 06-09-2018 at 07:07 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

  2. #1842
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,502

    Default

    I'll keep it simple. $2 in two years, $3 in 3 years and $5 in 5 years (with divis along the way)

  3. #1843
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    Quote Originally Posted by minimoke View Post
    I'll keep it simple. $2 in two years, $3 in 3 years and $5 in 5 years (with divis along the way)
    I concur...……………….lol.

  4. #1844
    …just try’n to manage expectations… Maverick's Avatar
    Join Date
    Dec 2017
    Posts
    713

    Default

    Quote Originally Posted by peat View Post
    I was too stingy to get any at the $1.10 price.
    Never mind OCA is 6% of the portfolio already and with SUM at 13% I dont want to be too overweight in the retirement sector
    Hi Peat. I'm a wanganui lad too. Can I buy you a coffee sometime? Look me up under wanganui electricians if your keen. I'm the guy with all the silver vans with the blue lighting all over them ...R
    ps. I don't think you can have too many SUM,ARV or especially OCA. (Funny how no one ever includes MET?)
    Last edited by Maverick; 06-09-2018 at 08:30 PM.

  5. #1845
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,695

    Default

    Quote Originally Posted by Beagle View Post
    Yeap, could easily double I reckon mate or quite possibly a fair bit more. 37% earnings growth this year followed by 20% in FY20 and FY21 (1.37 x 1.2 x 1.2) = 1.97 times your money and that's without any PE expansion at all, off by all comparisons in this sector, a very low PE base at present.

    I'm sure you do Joshuatree, but not everyone on here understands the fundamentals or the effect of compounding underlying earnings growth. Just doing a bit of vision casting on where this could go and there's a fair bit of supporting historical evidence with SUM other great companies in this sector to support my thesis.
    I really think its very important to look at least 5 years ahead on what a company might be valued at and in that regard I see this company having the genuine prospect of replicating the stellar gains of other great retirement stocks in their early years.
    I agree re a long term story. And to a friend(who holds big $ of NZ shares) who rang me yest asking about this OCA offer, ive said ," what you dont have ANY of these retirement /care prop stocks at all, get some now"!. But as a holder i want a much better discount before i top up so happy to wait for the possible opportunity. IMO I dont see the s/p going up at all much in the next year with this very mature bull mkt , volatility ahead,and prop prices dropping.

  6. #1846
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    RBNZ look like they might be lowering the OCR. All the evidence suggests on a national average basis real estate is still increasing nicely. I do agree this bull market is mature but there are definitely pockets of value out there so I was very happy to double down at $1.10. Not much of a discount but that's reflective of value already on offer at $1.14 in my opinion.

    SUM and RYM had a forward PE of around 30 in their early years...just a thought...
    Last edited by Beagle; 06-09-2018 at 08:55 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

  7. #1847
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,502

    Default

    Quote Originally Posted by Joshuatree View Post
    ,and prop prices dropping.
    Probably for a different thread. But that may not be a bad thing for the sharemrket. As people get out of property they have to put their money somewhere. Term deposits hopeless, crypts too risky, metals up and down. Leaves the sharemarket - more demand. (add to that prospect of lower interest rates NZ's traditional high divvy will be attractive)

  8. #1848
    Member
    Join Date
    Jun 2015
    Posts
    69

    Default

    Quote Originally Posted by percy View Post
    I just deal with Craigs for both NZ and Australia.
    Can you trade with Craigs online? How much brokerage do you pay?
    Im currently using ASB but trading on the ASX is expensive... $30 a trade is their minimum
    Last edited by Traderwannabe; 07-09-2018 at 08:49 AM.

  9. #1849
    Member
    Join Date
    Apr 2002
    Posts
    75

    Default

    To those who got allocated shares through their broker can I ask roughly how many you were able to obtain. I presume it was several hundred thousand?

  10. #1850
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,502

    Default

    Quote Originally Posted by herbert240 View Post
    To those who got allocated shares through their broker can I ask roughly how many you were able to obtain. I presume it was several hundred thousand?
    Dont know where you would get that assumption. We are not all moneyed high rollers here!

    By deduction I reckon those that asked for 10,000 or less probably got a full quota. Those that asked for more got scaled. The more you asked for the greater the scaling.

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
  •