Some days I feel like that... shrinkage in investments over the last 2 years has a frightening red figure on the bottom line now. I sometimes question my ride it out strategy :(:scared:
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I was referring more to ST "big fish" - as in large investors here. Do you really think most of those here in that category, had a hand up? Maybe I'm being naive but I figured the majority probably got where they are today, through sheer hard work and determination, with a bit of good luck along the way.
You've disillusioned me now ;)
I still standby that expectation too JAK. While none of us can know the mood of the market in a couple of years time , I am confident of my EPS expectations over that time frame.
If the market is still as grumpy as it is now with property then $2 is about right in 22 months (based on projected EPS) but should the mood return to a more historical level of happiness then $3 would be the upper end of the SP range.
Yes, I know that seems pie in the sky stuff based on the last 4 years flat underlying earnings but OCA really has “positioned itself for growth” and to reiterate, we should finally start to see the bottom line lift next 1HY , although remember profits are always greater in 2HY.
(that’s simply because that’s when OCAs prospective clients get out and about when things warm up a bit)