An investor may go over weight on a stock if their research has the depth to match the percentage of their portfolio allocations.
No doubt about it MR M has but in the "Mahi".
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An investor may go over weight on a stock if their research has the depth to match the percentage of their portfolio allocations.
No doubt about it MR M has but in the "Mahi".
" three $20 orders"
ok .......:confused:
Unsure if anyone has posted these before but quite cool to see pics of the flagship location.
https://www.argon.co.nz/portfolio-it...ania-waimarie/
From marketscreener
SUM share price currently 1% higher than average target / ARV 5% lower and OCA 18% lower.
Guru analysts pretty clued up ..... seem about right with ARV and SUM but obviously totally optimistic and had their judgement clouded by the hype generated
If they took their rose tinted glasses of they probably come up with something like $1.50 as a target and be in line reality (like with SUM and ARV)
don't we only believe 'consensus' average targets when we want to
Not everyone has buckets of cash sitting around ready to use when an opportunity arises like this one. If you have ever read anything I have posted, you know my situation. Sharesies made it possible for me to get back into investing, on a below average income. Not all my orders are this small, but if I have a spare $20 or $30, why would I not use it to buy additional shares?
Every dollar invested is a dollar working for me. My portfolio has grown from $2000 just over two years ago, to $22,000 today. I could never have achieved that without the ability to place small orders.
Price relativity to NTA is a big factor to be considered here. Profit is driven off the back of property gains so bang for your buck buying really close to NTA seems like the best strategy to me. Mav tells us OCA are building more independent living apartments in the years ahead which I see as a good thing. Other operators are building more care suites...ironic wouldn't you say ?