Fair enough.
At current price I wouldn’t be buying and there’s no real compelling reason to sell since it’s been so good to me.
And on the way some calculate divie yields I’m getting a 30% plus divie ...Pretty good eh
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Should see 8 bucks tomorrow ....or the day after
Then heading on upwards to 9 bucks
Close above 8 bucks
That’s so cool
Suppose need to hold until it reaches 9 bucks
Worth holding at least 1 single share for life, just for the free annual KFC voucher :p
The day they stop giving the vouchers, I'm out.
@ Winner69
Assuming the Divi were to continue is there any point selling them at all when returning 30% p.a? (tough to replicate that sort of annual return unless one's name is Madoff....:-))
I know what you are saying! My average buy in price is 2.56 but I would not buy more at current multiples. This has been my third best share over the last decade or so as far as annualised total returns go. The div yield based on original purchase price is very nice and even at around current buy price the div yield is close to 5%. Basically I don't see much worth buying at the moment on the NZ market so will hold this investment and watch to see how it continues to track.
Partly true! But we are talking young adults with plans for the future. I have told them what they do is their decision and if they want to sell and lie on the beach in Bali for a few weeks that is their choice. Hasn't happened so far.
I am ever hopeful of financial education by osmosis to avoid 'shirtsleeves to shirtsleeves in three generations'.