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.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
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!
Bookmarks