For what it's worth (obviously nothing) I have $3.50 as my buy order. (just a toe in the water though)
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For what it's worth (obviously nothing) I have $3.50 as my buy order. (just a toe in the water though)
You'll get em Kura ... don't think you want 'em though !!!
Should be a good trade @3.98Quote:
quote:Originally posted by kura
For what it's worth (obviously nothing) I have $3.50 as my buy order. (just a toe in the water though)
well im out, brought it at 5.33 in march
out today sold for 3.74
to fuel for more OC's
ive given up hope for the turn around
surprising how it dropped another 5 cents today
but go NOGOCs!!!
Obviously a good learning experience for u.Quote:
quote:Originally posted by Dazza
well im out, brought it at 5.33 in march
out today sold for 3.74
to fuel for more OC's
ive given up hope for the turn around
surprising how it dropped another 5 cents today
but go NOGOCs!!!
I bgt at 5.83 and sold 5.13 but that was a long time ago...
u made the right choice and will be rewarded amply god willing
Amazing that WHS price is still the same as it was 5 years ago
Imagine some poor fella called Sid who went bush for 5 years in November 1999 happy that his WHS shares were $3.80 and came out today and found they were still about $3.80.
Sid asked his sharebroker what has happened to the WHS over the last 5 years - his sharebroker told him
**** Store numbers have increased from 87 to 351
**** Sales are nearly 2 1/2 times what they were - increased from $0.9 billion to $2.2 billion
**** Net assets have more than doubled - from $170M to $357M
**** Now have 15,877 empoyees - 10.262 more than 5 years ago
**** Spent $500M on capital expenditure
So Sid replies 'Thats impressive, they must be making heaps now'
Oh no his sharebroker told Sid - their profit has only increased from $54M to $61M in those five years ... and the earnings per share has gone from 19cents to 20 cents.
Poor Sid - he's incredulous. All that investment and all those extra staff and they are only making the same as they were 5 years ago.
Who does he blame? He can't blame investor sentiment because WHS is still trading at 20X earnings - it hasn't been rerated downward. Sid says to himself that is just as well as if they had been rerated down they might have only been worth $2-$3. At least he still has his capital and he has had a few piddly dividends put in his bank account but inflation has taken care of those.
Sid asks his sharebroker 'Have the WHS really stuffed up somewhere along the way?'
Sid's sharebroker tells him 'No not really. They are investing for the future and all should be right in few years and your WHS shares should be worth $10 each in 5 years'
Sid thinks thats good and decides going bush for another 5 years might be the caper
What will Sid's sharebroker tell Sid when he comes back to civilisation in 5 years time?
LOL I like that one. Now do the same for NOG.....
THE KING says this thread should be renamed " MOAN CITY "...[^][^][^]
Winner69 - well I like your sense of irony/humour. It helps balance all those stinging barbs elsewhere.:D:)[8D][:o)] Sid should swing a pick for NOG at the Pike River.
Well if I was brave I'd sell out of me MHI which have had about a 60pct run-up since March 04 and jump merrily into WHS which has been so unfairly hammered down and must be due to rebound some time soon. There can only be an upside, surely.
Do you think I should be brave?