Didn't work out too well for Nick at the Warehouse. Beagle really out foxed him
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
Metrics still indicating down trend in place. 12 wk EMA and 200day EMA levels briefly tested but didn't break through, is this a continuing bearish downtrend in place??
Well those who bought as long term 10 years ago, paid $9.86 on 24/4/2012.
Also enjoyed dividends as well. Current dividend is about 10% on cost..
And current share price is 9 times what it was 10 years ago.
"Not a lot of people who do not own MFT shares know that."...lol
”When investors are euphoric, they are incapable of recognising euphoria itself “
Well those who bought as long term 10 years ago, paid $9.86 on 24/4/2012.
Also enjoyed dividends as well. Current dividend is about 10% on cost..
And current share price is 9 times what it was 10 years ago.
"Not a lot of people who do not own MFT shares know that."...lol
I know u got this inspired thought from where mate ...lol
Hopefully MFT will not go in deep hibernation like FPH ....
IMHO its actually the SP which will follow EPS ...so just like EBO which has higher eps forecasts ahead ....MFT is also on similar path with little more doubts about its immediate future earnings ...where as FPH surely needed more time to Normalise the super big Covid year ....not easy for a company which was on 10% growth trend to do 56% revenue growth in just one year then normalise quickly ...Disruption caused to SP was too much to handle and its suffering a hangover of plenty
MFT on other hand may be able to handle covid normalisation better as organic growth is easier then FPH ...but still fingers crossed
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