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  1. #1
    Senior Member
    Join Date
    Jul 2015
    Location
    Auckland
    Posts
    956

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    Yeah, poor bear.

    Ideally another year of good growth like this last one and it'll rocket because that'll be the start of millions of positive npat. I guess it's going down because of worries of last year not being repeatable? If they end up sitting on a couple of million npat and not progressing from there a PE of 25 would put the share price at half of what it is now.

    However, I'm buying more. If they don't do well next year, there's always the year after that. Once they get another good year of sales, I expect to double my cash. Hence im nothing more than disappointed that i didn't pick the bottom. My first purchases where FOMO, so I'm down too. However, i didn't go all in because i expected a drop along the way with all the stuff that's going on globally.

    Happy to hear opinions to the contrary, or different ideas. it's quite quiet here.

  2. #2
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Private Universe
    Posts
    5,871

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    I am a recent arrival to the M7T register but I am enjoying the ride at the moment and applied for my full rights plus 50% extra.
    om mani peme hum

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