Please no Roger re Mr Key, I don't want a reason to sell my SUM shares.
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Please no Roger re Mr Key, I don't want a reason to sell my SUM shares.
Are we there yet?
Still strong and trending IMO - won't be selling at $3.10 after all sorry
I definitely agree about the not beating yourself up bit. that's exactly what I was thinking. But I suggest you rethink your last statement.
Taking small gains while risking large losses is a bad strategy imo. akin to picking up dimes in front of steamroller is the phrase that describes.
Thanks BP.
Hindsight is a wonderful thing but at least I hedged my bets by keeping half...... I had tight stop loss' in place but they never kicked in so a bit of luck there too.
Its good to evaluate the decisions we make, buying in a down trend, selling in an up - these are the ones we can learn from and learning I am :)
Well done to you mate, many on here love to beat-up on AIR and have completely missed the rally of well over a dollar since late 2016 plus the 10 cent dividend paid in March 2017. Besides that you took the opportunity to avail yourself of an excellent deal on a new Volvo XC90 which looks like a superb bit of kit. Enjoy and be happy and celebrate your success mate.
Like it or not the vast majority of shares outside of the Govt's 51% controlling shareholding are owned by overseas institutions most of whom would probably be well aware of John Key's commercial track record and record of governance while he was PM. His international contacts will be valuable to AIR. Noticed how buyers have been basically ignoring local analysts valuations lately ?
As recently as two weeks ago the average analyst 12 month target price was only $2.10 and the SP was trading at $2.85. Who do you think has been pushing up the SP ?, certainly not retail investors who only own 4% of the shares that's for sure ! The day his appointment was announced the SP popped (from memory), about 8 cents.
Regardless of your political leanings and / or opinion of him, in my opinion its clear his appointment has been well received by overseas institutional holders.