quote:Originally posted by Harrys

Paper Tiger. And what number will you be happy with? At todays price of 3.44 its on a PE of 15.6
Its been on that for 3 mnths. Ive chose Rym as the
first stock I ever bought in Aug 03 because I knew a bit about the retirement village business and how they make their money. They have been steadily on the rise and their business will continue to grow. Even if you pay nex years price now, you will be laughing in 2 yrs time.
Hi Harrys
15.6 based on what numbers? You doubling up the half year profit I presume and quoting a forward P/E?
Short term prices go up and prices go down.
Despite all the talk of not being able to time purchases it is something I try and do. Sometimes it works beautifully and sometimes it don't but it makes the buying more fun.

regards

Paper Tiger