Ssssshhh, I haven't finished buying yet.
You most certainly are my friend.
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This thread is looking a hell of a lot like the SUM thread before the SP took a turn for the worst. Unbeatable today, completely overvalued "what were we thinking" tomorrow....
Good advice Percy
We need to calm down and assume the market is a bit exuberant at the moment and expect the share to drift back to 98/99, beings more reasonable price in line with company guidance.
If we don't calm down and takea deep breathe w could be disappointed
One trading on a PE of over 30 with EPS contraction and the other on a forward PE of about 11 and showing strong growth. Yeah great analogy.
But while we're looking at the other side of the coin so to speak lets not forget there's the 10% Sentinel stake that's going on to the market in April and just over one third of the rural lending book is in the dairy sector which could be in for a prolonged and severe contraction.
I've been more than happy to hold for 18 months now for such a good dividend.