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  1. #1
    Veteran novice
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    Yes, there's always a few who can't resist a new peak, eh?

    Will need continuing good results to justify these high prices but very hard to sell down any more of my oldest, best performing act!

  2. #2
    Advanced Member
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    Quote Originally Posted by macduffy View Post
    Yes, there's always a few who can't resist a new peak, eh?

    Will need continuing good results to justify these high prices but very hard to sell down any more of my oldest, best performing act!
    It has been fairly glacial movement upwards which is probably a good thing, unlike plenty of other shares it has not raced way ahead of itself.

  3. #3
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    Aug 2004
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    Whanganui, New Zealand.
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    Quote Originally Posted by macduffy View Post
    very hard to sell down any more of my oldest, best performing act!
    yeh totally I am being torn apart by the high valuation and the ascending wedge making me want to further reduce , and the quality of the company making me not want to have too few.
    For clarity, nothing I say is advice....

  4. #4
    Legend peat's Avatar
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    I am not at all sure how you draw that conclusion esp re the outlook , percy.

    I saw "confident of a significant increase in earnings in FY20". Significant is a word I would hope someone shouldn't use lightly. Significant is a lot more than a little bit. So I am quite hopeful on the outlook front.
    The market seems to agree +110 today (4.5%)

    I am however increasingly aware of over-valuation and exponential price movement however remain glad that I have a rule not to sell any more.





    For clarity, nothing I say is advice....

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