Bizarre isn’t it, probably chase it all the way up to $2, Freud would love it!
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Bizarre isn’t it, probably chase it all the way up to $2, Freud would love it!
Attachment 5721
They say market 'corrections' are healthy. I agree because they bring normality back to market (unless a market correction is just the first stage of a total market collapse)
So I reckon PEB shareprice is about where it should be at the moment - maybe just a little underpriced.
From here anybody buying at 100 to 110 can expect to make a 12%-15% pa return on their investment providing PEB perform to the assumptions I outlined the ptehr day in another post. If you want to run with MACs assumptions and valuation the long term returns will be closer to 25% pa.
For me my PEB shares have cost me nothing so future returns are all profit. However the past has gone and good discipline is to view this as a new investment with those expected returns. However they will go out with the bath water if the prices falls below X, why give too much back to the market
Picture shows how I see PEB
Could be a good bounce shortly.... wouldn't be at all surprised to see PEB race to over 125c and settle at 120c...
Just a gut feeling, a announcement at 11 am would be great.
disc a buyer and a seller
looks very good., with big backups