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  1. #1881
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    Kept buying....no matter what. Will stop at $5....

  2. #1882
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    Thanks for sharing your assumptions.

    I would be slightly more conservative and assume a 7.5% write down without the 2.5% increase since year start. I would also not include any earnings.
    I would even revise down propery growth rates in the future.

    This gives a rough NTA of $5.37.

  3. #1883
    ShareTrader Legend bull....'s Avatar
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    wouldnt be surprised if the troops have left the train lol very quiet today compared to the last week of ....
    Last edited by bull....; 21-04-2020 at 03:54 PM.
    one step ahead of the herd

  4. #1884
    ShareTrader Legend Beagle's Avatar
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    No way Bull. I am absolutely 100% committed long term shareholder, unless someone makes me an offer I can't refuse
    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

  5. #1885
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Beagle View Post
    No way Bull. I am absolutely 100% committed long term shareholder, unless someone makes me an offer I can't refuse
    good call plenty of others pretty quiet on the thread today , yesterday might have been to tempting for a few eh
    one step ahead of the herd

  6. #1886
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    Quote Originally Posted by bull.... View Post
    good call plenty of others pretty quiet on the thread today , yesterday might have been to tempting for a few eh
    What’s there to comment on today which have not been commented on yesterday when there was a very significant development?

    Come out with something new, bull ...

    Or is it a case of you still hanging around here like a bad smell because you missed the opportunity to sell the stock last weekyou sold at the $4.60 it spiked to yesterday or the opportunity to buy back below where you sold?
    Last edited by Balance; 21-04-2020 at 04:32 PM.

  7. #1887
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    Quote Originally Posted by King1212 View Post
    Bought another parcel! Bless me Master Beagle!

    Likewise here too

  8. #1888
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    Quote Originally Posted by Beagle View Post
    No way Bull. I am absolutely 100% committed long term shareholder
    Don't believe him - Even the bonds he buys have to have a seven day redemption clause.
    For clarity, nothing I say is advice....

  9. #1889
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by peat View Post
    Don't believe him - Even the bonds he buys have to have a seven day redemption clause.
    LOL - You've got to hold those Kiwi bonds for a whole month before you can exercise the 7 day redemption clause. I want more MET and time is dragging on with those bonds
    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

  10. #1890
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    Quote Originally Posted by Beagle View Post
    LOL - You've got to hold those Kiwi bonds for a whole month before you can exercise the 7 day redemption clause. I want more MET and time is dragging on with those bonds
    The lowest volume traded that we have seen for weeks - a sure sign the arb funds are holding back and it's just traders playing the stock today?

    Up, up and away from tomorrow if the arb funds have stopped selling.

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