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27-05-2019, 02:20 PM
#3671
Originally Posted by winner69
And even in this “Conglomeration of Chaos” the Couta Theorem holds firm
Almost as strong as Einstein’s “Law of Relativity”
RYM might drift down to $11.20 something based on that
Einstein so far ahead of his time ,a few years ago a group of new whizz physicists thought they had proven Einstein wrong on his speed of light calculations and that it wasn't constant, well they were wrong and Einstein is still right. PS-A bit like SUM others trying to prove the Couta Theorum wrong aye winner, they are still wrong.
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27-05-2019, 02:56 PM
#3672
Originally Posted by winner69
And even in this “Conglomeration of Chaos” the Couta Theorem holds firm
Almost as strong as Einstein’s “Law of Relativity”
RYM might drift down to $11.20 something based on that
Not an example of a "stopped clock" situation, is it?
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27-05-2019, 03:46 PM
#3673
Originally Posted by couta1
Einstein so far ahead of his time ,a few years ago a group of new whizz physicists thought they had proven Einstein wrong on his speed of light calculations and that it wasn't constant, well they were wrong and Einstein is still right. PS-A bit like SUM others trying to prove the Couta Theorum wrong aye winner, they are still wrong.
Its been done to death already mate...not nearly enough said about the Couta1 theorem stating Turners should be $3.80...strange how for some funny reason you're really quiet on that one
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
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27-05-2019, 04:00 PM
#3674
Originally Posted by Beagle
Its been done to death already mate...not nearly enough said about the Couta1 theorem stating Turners should be $3.80...strange how for some funny reason you're really quiet on that one
Big difference between a theorem (SUM) and a ‘hope’ that Turners will be $3.80 one day (that’s all he said)
The day SUM IPO’d its price was about 50% of RYM ....now a bit less ......spooky eh
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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27-05-2019, 04:23 PM
#3675
Originally Posted by couta1
Einstein so far ahead of his time ,a few years ago a group of new whizz physicists thought they had proven Einstein wrong on his speed of light calculations and that it wasn't constant, well they were wrong and Einstein is still right. PS-A bit like SUM others trying to prove the Couta Theorum wrong aye winner, they are still wrong.
If Einstein was alive today he possibly would be saying I told you so.
Einstein later came up with a law of general relativity, in ithe determined that massive objects (RYM for example) cause a distortion in space-time, which is felt as gravity.
Newton would have described this ‘gravity’ as a force tugging between two bodies and depends on how massive each one is and how far apart the two lie. Just like how your feet remain on earth the more massive body (RYM) the much smaller mass (SUM) will find itself firmly rooted thanks. Whether it’s special relativity or general relativity or Couta’s relativity it’s all explained in physics ( and nature)
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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27-05-2019, 04:30 PM
#3676
Originally Posted by Beagle
Its been done to death already mate...not nearly enough said about the Couta1 theorem stating Turners should be $3.80...strange how for some funny reason you're really quiet on that one
Lol that one was just a bit of fun no serious mathematics involved but I'm sure Percy would argue with you on that one.
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27-05-2019, 05:38 PM
#3677
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
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27-05-2019, 06:30 PM
#3678
Originally Posted by couta1
Still the big dog on the porch by a country mile and to think SUM others reckon SUM should or will have the same share price. The Couta theorum says it will never happen and I believe him. Lol
At 40-60% the Couta theorum allows around +/-20% movement from the 50% mid-point.
To see how long a variant of the Couta theorum can hold you need to look no further than ANZ vs Westpac. Over the last 10 years Westpac has remained an average of about 6% above ANZ. A few times ANZ has managed to exceed Westpac but never by much or for long. Westpac has also rarely managed to get beyond 110% of ANZ's price. WBC did get above 110% during the GFC and late 2015/2016 but both times it was back under 110% within about a year. A revised version of the Couta theorum has held strong as ANZ has gone as low as NZ$15 and WBC has gone over NZ$40.
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27-05-2019, 06:47 PM
#3679
Member
Originally Posted by Scrunch
At 40-60% the Couta theorum allows around +/-20% movement from the 50% mid-point.
To see how long a variant of the Couta theorum can hold you need to look no further than ANZ vs Westpac. Over the last 10 years Westpac has remained an average of about 6% above ANZ. A few times ANZ has managed to exceed Westpac but never by much or for long. Westpac has also rarely managed to get beyond 110% of ANZ's price. WBC did get above 110% during the GFC and late 2015/2016 but both times it was back under 110% within about a year. A revised version of the Couta theorum has held strong as ANZ has gone as low as NZ$15 and WBC has gone over NZ$40.
And all the difference is between them is the dividend. If you removed the extra 14c per dividend off WBC they would be like peas in a pod - a big ugly Australian pod of lies and deceit but a pod none the less...
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27-05-2019, 08:36 PM
#3680
I thought I better check the data for myself. Unless I've screwed up, this Couta theorem does fluctuate within a fairly generous range, basically a 33% swing range, if you take SUM from listing it's 33% low (% of RYM SP) upto 66% high (weekly closing price - [Yahoo data which may be dubious]). These are adjusted SP, but basically same as measuring straight SP as all pay nice dividends.
That's a lot of wiggle room for SUM, 33% swing range. Interesting though, current trend for SUM is definitely down from the peak 66% to now (last week) 47% and looking bleak with RYM's SP divergence upwards presently. Look at MET, like a downhill ski slope with a death jump! and OCA fairly constant around 10% since listing. OCA looks like the sleeper as it's fluctuations are benign.
The other chart shows RYM vs SUM, vs MET, vs OCA closing weekly price. Clearly RYM is smashing the others lately, diverging upwards as the others' sails deflate, except maybe OCA flatlining.
So is the theorem worth it's cudos bestowed here? I dunno, just a curious exercise maybe. With so much wiggle room, and a solid sector where all companies are successful, SUM's SP seems unlikely to plunge below 33% of RYM or soar above 66% of RYM, so it seems the theorem may be a self fulfilling prophecy conjured by myth into some semblance of normality or reality by virtue of perpetual repetition, hence making it so.
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