If your new S&P 500 target is 2800 then my HGH target is $ 1.45 ....:D
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My target price is $2.50.
Have had that for years.
Guess I always will.....
In the meantime I am looking forward to my next HGH divie.
Having increased my holding by 33% I am looking forward to a 33% increase in divies received.Fully imputed too.
The increased shareholding does off course mean I will be receiving that 33% increase for ever.,no matter what the share price does.
It is called being "well positioned."
I dont need to convince anyone about anything ....U were the one crying about 1.53 not coming when MR B said that possible way back ...Now I think its possible ...also I made my position vey clear that I buy at my compelling value or I am happy to sit out
U need prepared for whats ahead ...thats what I am doing ....also no need for me to talk it down ...only if that was possible for a small fish like me ...SP will do what market forces tells it to do
I'm hardly one for tears, I just thought it was funny when it went to the 1.80s last time and the sky was falling and it rebounded back to 2.16ish.
I appreciate your concern for my state of preparation but fear not, I get blind Freddy's parrots audio books every Tuesday.
As u were very concerned about my intentions so it became my business too to worry about your preparation ...lol
Jokes apart ....SP is very dependent on market conditions and Banks dont do well in recessions for obvious reasons
HGH P/E range had been historically 9-18 ....as now times are exceptionally bad for banks ahead so expecting it to touch P/E of 9 is not very unreasonable
so 16.2 eps times 9 = $ 1.45 SP ....hopefully u will understand my logic of my new target of compelling value
Fair call. So, what if it really does turn into a capital hungry beast while interest rates rise? You just keep adjusting your buy price down till its 70 cents? (my new target) :t_up:
HGH a great long term hold!
HGH also a great trade! Outrageous highs come and give way to outrageous lows!
I put your scenario as in your post to OpenA1 and asked it to 'advise' me what best way forward. It said:
It depends on your investment goals. If you're looking for stability then heartland shares may not be the best choice in these circumstances. However, if you're willing to accept some risk in exchange for the potential for income as well as capital appreciation, then heartland shares may offer an attractive investment opportunity at the current price but of course will offer even better returns if the share price drops to $1.35. And be sure to do your homework before investing.
I then gave it some parameters to see if it would come up with a target price in a years time. Response was:
I do not have a target price, but I would expect the share price to rebound soon.
I think that OpenAi is on to it
Thats a great generic response ....but SP of $ 1.35 is noteworthy ....me had $ 1.45 as 9 times of 16.2 eps in my mind is very compelling value
Rebound soon part is surely market dependent ....but as I expect markets to make significant bottom ...hopefully the final bottom in next few weeks ....then all will rebound surely
Lets c where it reaches ...1.45 is too far away ...