most important for this stock is growth rate, will be slow down or ramp it up? We can still guessing until next result.
Printable View
most important for this stock is growth rate, will be slow down or ramp it up? We can still guessing until next result.
Probably should clarify a few things.
1. $10 is one possible outcome I am modelling, its not a 40% drop from here, its about 30%. Its just one of several future possibilities I am modelling.
2. I can't control or influence what Kingfish are doing or buying other than talk to the investment manager at the annual meeting or ring them if I am deeply concerned. Neither is likely to have any impact on what they are doing.
3. I have tried talking to Couta1 many, many, many times over many, many years about the risks of having most of your eggs in one basket. I recently gave up because he doesn't listen.
4. Nobody knows the future with absolute crystal clear certainty and I believe having 90% in one share is an exceptionally risky approach. Its something worse than gross recklessness in my opinion.
5. I have learned in my professional career and in more than a decade and 17,000 posts on here that some people can't be helped and it is better to move on and try and help others who can learn and that was the spirit in which my comments were made.
6. Coutts has my phone number, I'm sure he'll ring me when he's ready. Probably a bit annoyed with me but a real friend calls it how they really see it.
Moving on...I do not like companies that depend for a vast amount of their revenue on sales into China especially in this very heightened geopolitical environment.
Who's to say that the Chinese communist party will play fair going forward ? Easy enough for them to issue an edict that all mothers must breast feed their babies as but one example of many things that could happen in the future. Nobody has a crystal clear crystal ball with which to predict the future so a wise man hedges his bets. This is especially important for anyone very close to their retirement years.
I can't believe this is still being discussed 50 pages later. It appears you may be more hung up on proving your investing methods are right, as opposed to "helping" anyone. For the same reason you are frustrated with Couta being closed to your point of view, I expect you are just as closed off to him trying to preach the opposite view when he tries to "help" you.
A real investor accepts that everyone has a different appetite for risk. A "real friend" accepts them even more.
Move on.
Kino Kuri sometimes finish up in the pot with the Puha.
That applies to a huge part of NZ's export market. However, with risk comes opportunity...
Markets pumping overnight due drop in uncertainty levels. Despite his election rhetoric (aimed at defusing Trump's attempt to make China an election issue), Biden is likely to calm the waters with China, so I see geopolitical tensions easing next year, hopefully.