Unfortunately the disabilities may be more than just intellectual!
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My point was how far will Mav go with his humouring people who are either lying (deliberately making things up or pretending to misunderstand something simple in order to create friction) or have a genuine disability. I'm not here to call Bull a liar...
I am a supporter of the IHC and think the way our society treats people with disabilities of absolutely disgusting. If I had my way all of Day Traders mates who are lifetime beneficiaries would be cut off yesterday and the entire proceeds go to the IHC and their support networks.
The dole bludgers would be offered work also supporting the people with genuine disabilities and the second they drop the ball they are cut off for good.
That's the fun thing about a DCF, even if you don't actually have one and just commentate on others who do, it's basically about two things: 1. you know how the cashflow really works for the company, 2. you use discounts that are realistic, or a range that covers the uncertainties.
I suspect you don't know about 1. at all and therefore 2. is moot. Actually, I doubt that you have worked up DCF of OCA at all either. Traders don't do DCF's, the charts are enough to go on with.
That's pretty good gunner..I'm down 35 %..couldn't,t sleep..skin broke out in horrible rashes...my hair went grey then I looked at sailor robs theory and I realised losses are GOOD....I'm running round the rest home with a woody all day....I cant wait for my portfolio to fall some more..:scared:
Paper losses are good so long as the business fundamentals remain unchanged.
Would you rather reinvest distrubuted profits at a forward return of 15% or 30%?
So a couple questions you should be asking yourself ziggy.
One - When I originally bought my shares did I do so at a fair price?
Two - Have the business fundamentals in the shares I own decreased, or decreased significantly?
If your answers are "yes" and "no", then you don't have anything to worry about so long as you're in a position where you aren't required to sell your shares at least 10 years.