sharetrader
Results 1 to 10 of 3253

Threaded View

  1. 28-04-2022, 01:29 PM #11
    Beagle
    Beagle is offline
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by winner69 View Post
    Market still in 'voting mode' with FPH

    I reckon the 'weighing' will balance out at $17-$18

    And then work it's way up to $29-$30 over next 5 years
    I agree, those numbers make sense to me. The opening PE would be somewhat realistic, (I would prefer it lower), and then add about 12% per annum average compounding growth.

    I'll wait for a proper confirmation the downtrend is over, break back up through 100 day MA and put on a half sized position and the 200 day MA put on the rest. Not worried if I miss the bottom because in trying to pick the bottom one is very unlikely to come out smelling like roses
    Last edited by Beagle; 28-04-2022 at 01:34 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
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

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
  •  

Forum Rules