quote:Originally posted by winner69

Halebop good stuff and we seem to be on the same page ...

MHI have a great business model but like you our 'mean spirit' keeps us out at current prices

But isn't that what Snoopy's Buffett thing on the other channel was essentially saying
Thats cool. I wasn't being an argumentative B'tard. I just think Snoopy's assumptions were lowish and that drastically affected his "fair value" outcome when looking for a 15% return.

I suspect even the current share price would deliver 15%+ pa over the next 7 years or so. Not sure I'd want to be proved wrong though - at Snoopy's price I'd be committing a cardinal sin by averaging down!

All eyes on the next result then. Despite being a fanboy as a non holder a can't help wanting it to be a bit subdued!