Riding the stock down from $1.43 to $0.77 is not a good thing. The maths on the drawdown work against you plus the opportunity cost over 18 months.
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Riding the stock down from $1.43 to $0.77 is not a good thing. The maths on the drawdown work against you plus the opportunity cost over 18 months.
That’s true but only if you don’t take into account the dividends or drp. In that scenario both are under water but one is considerably less so. I’m happy to accumulate via drp, another few thousand coming my way soon. Value investors don’t worry about the share price except whether they’re getting some or more at low prices.
It is yes.
Also good to be able to instantly see stupid ideas for what they are.
Good to be able to think rationally, use common sense and question the implications, if what you were being told was actually true.
So if presented with a new idea that the Earth isn't flat it's actually square, it's not good to be open to that idea.
5000 years ago, yes be open to it.
Another glass half full guy I see. Stating the obvious. However there are many permutations about buying on the way down, the company is way oversold, the company is valued at a whole lot more, the company is profitable, the company is in a stable industry and amongst other things, just about to benefit in value by the construction cost inflation index pricing its property portfolio through the roof.
Very easy to value a share (not necessarrilly accurately) based on current assumptions such as interest rates and current demand on the market. It is a bit more difficult to value a share basing it on future events which have not materialised. But a drop in SP of 50% for a property holding company which is profitable in an economy in recession would indicate that there is a large propensity for the SP to increase. Buying in now at these bargain basement prices is a no brainier.
ARV RYM and OCA all reported results late May
Since reporting-
RYM share price up 15%
ARV share price up 8%
OCA share price down 5%
Has to be a reflection of what the market thought of the results and future outlook of each
The long entrenched ' pecking order' in the retirement sector remains in place .......market telling us something
I doubt whether that relativity (pecking order) will change any time soon