It's going great! IRR for my EBO holdings is up to 126.5% now. Happily I got my partner and sister to buy EBO for their portfolios as well.
The recent DRIP was at $8.6764 and yesterdays close was at $9.55
Glad I took the DRIP option.
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It's going great! IRR for my EBO holdings is up to 126.5% now. Happily I got my partner and sister to buy EBO for their portfolios as well.
The recent DRIP was at $8.6764 and yesterdays close was at $9.55
Glad I took the DRIP option.
Hanging in over 960
Problem for me being a reluctant holder (.but it continues to go up and up) is that on current volumes disposing of the bundle I have could be difficult
Mr P always warned about liquidity didn't he .....so come on guys rev up some decent new buyers to help me out
Never been a problem for the last 20 years.
We have seen Klaus sell down,Mark Stewart sell out and others,buy and sell.
Should you have a large enough holding I expect an insto would be pleased to take them off your hands.
The trust I am on sold 90,000 no trouble a couple of years ago,as EBO was overweighted.
Bored today so looked at mr Graham's intrinsic value methodology in reverse for EBO
His formula implies a growth factor of 4,7% for EBO at current price. And that is using his 8.5 factor as a proxy pe for a low growth company.
Hey if it we used say 10 implied EBO growth is only 4% pa
Good good EBO is still hugely discounted to a realistic growth expectation for EBO. My post above said nearly 6%pa for the next 4 years but I am usually so wrong we maybe should use 8%pa. Mr Graham would reckon EBO worth 13bucks or more.
Yippee .... No urgency to sell now. I am happy .....another 50% upside
Is Mr Graham a load of the proverbial - or is expectations of growth of 5% pa just unrealistic ( for any company) - or is the market really stupid at underpricing things - or has the world gone mad - or maybe just me that has gone mad already
The kiwi Billy Graham is a great preacher of sorts ....motivational speaker supreme and pretty good for a naughty boy and one who can't write
Have you ever heard him percy ...you may have ....he was in the room across from the EBO AGM at that hotel near Hayley a couple of years doing his thing as part of a sales conference
Billy is a great guy and a great story teller
The kids of naenae owe him heaps
Maybe you should tout his book to your schools ....you might even enjoy it yourself
http://www.billygraham.co.nz/products/billys-book.html
See from the comments on his web page the kids like him.Another great Graham.