Got some at 56c. At this price I am not going to try and bottom pick
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Got some at 56c. At this price I am not going to try and bottom pick
54c now... and I thought I had done well! Certainly getting the most smashed out of the retirement sector shares, and even after the announcement yesterday which I thought was good.
More economists warn tough times in housing market to come
https://www.stuff.co.nz/life-style/h...market-to-come
the party over they wont make there margin forecasts
Spoke to my mate today.. everything in plan.... business as usual.....not even a fly can get in without getting cought...hahha.
So.... great opportunity.....I might risk it.....stuff it...so tempted......$.55 c......will regret it my lifetime.
PS...will not tell my wife..
Might wait and see if we hit the naughty forties.
Maybe not, but although sector getting smashed at moment, unlike many other companies, all the big established operators seem a safe medium/long term hold as govt would support them if it became necessary as they provide such a vital role housing & caring for so many elderly & reducing the strain on our hospital & health care system.
Lots of other companies I can think of don't have the luxury of that safety net.
Of course just speculation on my part but that's how it looks to me.
Surprised to see anybody selling at these prices, if you got stuck with the stock on its fall this far down, you might as well just hold on to it now I reckon.
Buying at at 54 seems to have a lot more long term upside potential than down. I am in.
News just out....no cases reported from Wuhan anymore....we might see the market starting to stabilize soon..