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That's true Roger...if you don't buy it at some point...disappointment is inevitable:)
Hi Birmanboy,
I don't think people are saying that WHS will go down the drain (well, not anytime soon) ... and I agree, if they don't go down, than at some stage they are likely to come up again. However - looking at the consistent drop in NPAT, looking at the hardly moving sales numbers, recognising that they don't seem to manage to fix their well known problems, looking at the consistent SP down trend and looking at the indicators ... why do you think it is a good idea to buy WHS shares now?
true - but only, if they are able to keep paying their dividends, otherwise the yield is tanking as well. Unless they have in the second half an amazing turnaround in earnings, their promised divvies will be higher than their earnings. How do you think they are going to fund that?
Well then, the Oracle could be right or a guy on the internet called Hoop could be right.
I think you may find that Mr Buffet would not have regarded WHS as undervalued in 2009, it’s about fundamentals and value not where the share price is, or if it has just dropped or risen. Stock picking is everything.
Buffett style ‘ buy and hold’ investing as you refer to it as, has created the world’s most wealthy people. Couldn't name a single TA billionaire off the top of my head though.
Well I would hold off buying into a downtrend, even if the yield is improving. Just my 2 cents.