-
30-12-2019, 12:21 PM
#4171
Originally Posted by couta1
I wouldn't touch it with a barge pole at current level until I see the result.
Whatever the result is Earl will call it "strong" lol
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
-
30-12-2019, 12:25 PM
#4172
Originally Posted by Beagle
Whatever the result is Earl will call it "strong" lol
Yep but the question is whether its $1.36 strong or of $1.10 kinda strength, punters need to decide for themselves what kinda cup of tea they will be served up.
-
30-12-2019, 12:31 PM
#4173
Originally Posted by couta1
Yep but the question is whether its $1.36 strong or of $1.10 kinda strength, punters need to decide for themselves what kinda cup of tea they will be served up.
I'm learning to rebalance from living of just dividends to a better mix of div and capital gains this next year. The div yield @ 3.46% net compares OK for me in this sector, and we FINALLY have some capital gain...
All science is either Physics or stamp collecting - Ernest Rutherford
-
30-12-2019, 12:32 PM
#4174
Originally Posted by couta1
Yep but the question is whether its $1.36 strong or of $1.10 kinda strength, punters need to decide for themselves what kinda cup of tea they will be served up.
Hmm - didn't the Couta theorem state that 10 OCA's are equivalent to one RYM? Given that Ryman trades at the moment at $16,71, then OCA is in the mid 130' ies still cheap as chips. Should be in the 160'ies.
Or - don't you trust your theorem anymore ???
Last edited by BlackPeter; 30-12-2019 at 12:37 PM.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
30-12-2019, 12:45 PM
#4175
Originally Posted by BlackPeter
Hmm - didn't the Couta theorem state that 10 OCA's are equivalent to one RYM? Given that Ryman trades at the moment at $16,71, then OCA is in the mid 130' ies still cheap as chips. Should be in the 160'ies.
Or - don't you trust your theorem anymore ???
Yes exactly it should be in the $1.60ies, ask yourself why it's not? Remember a theorum only operates correctly if all the parameters are correct.
Last edited by couta1; 30-12-2019 at 12:48 PM.
-
30-12-2019, 12:50 PM
#4176
Originally Posted by couta1
Really cheer yourself up by taking some profit at the current irrational price level.
You keep giving this financial advice, and If we had acted the first time you said it, would have missed $100's in gains. Begining to look like Couta is the party 'hoovering them up, and wants to keep the sellers coming.
Last edited by penn; 30-12-2019 at 12:52 PM.
-
30-12-2019, 12:59 PM
#4177
Originally Posted by penn
You keep giving this financial advice, and If we had acted the first time you said it, would have missed $100's in gains. Begining to look like Couta is the party 'hoovering them up, and wants to keep the sellers coming.
Not financial advice, just encouragement from my personal learning experiences and remember all profit is profit. PS-You dont have to sell everything at once so laddering your sale still produces a satisfactory result.
-
30-12-2019, 01:22 PM
#4178
Originally Posted by couta1
Yes exactly it should be in the $1.60ies, ask yourself why it's not? Remember a theorum only operates correctly if all the parameters are correct.
Price relativity theories only work if all factors, particularly management, remain constant. Not a good enough basis for investing, for me.
-
30-12-2019, 01:27 PM
#4179
Originally Posted by macduffy
Price relativity theories only work if all factors, particularly management, remain constant. Not a good enough basis for investing, for me.
I like the sound of this theorum, it would be interesting to go back thru the experimental data to verify. In the $1.60's sounds very nice to me...
All science is either Physics or stamp collecting - Ernest Rutherford
-
30-12-2019, 02:05 PM
#4180
Originally Posted by Davexl
I like the sound of this theorum, it would be interesting to go back thru the experimental data to verify. In the $1.60's sounds very nice to me...
OCA % of RYM - Weekly Closing Price Data
Attachment 10924
Tags for this Thread
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
|
|
Bookmarks