With such demand growth I think they should just reinvest all money back into meeting existing demand and R&D creating new products and of course marketing...I for one can't see the point of a dividend or a buy-back anymore at this stage.
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With such demand growth I think they should just reinvest all money back into meeting existing demand and R&D creating new products and of course marketing...I for one can't see the point of a dividend or a buy-back anymore at this stage.
Personally I like boring. I could not be a trader working in a fast-paced environment. Boring is good, stocks like boring old Ryman in the old days, slowly and steadily increasing in price. Ryman is not boring now though and it went from $9.80 to $8.80 in less than a month. There probably are lots of investors like me who like boring - sitting on your hands watching your shares rise.
Buying or selling ATM at the moment is more like gambling than investing in my opinion. I don’t like being manipulated and that it is how it feels to me. I don’t like bullies who deliberately do or say things to push my buttons and get a reaction and that is how I see ATM at the moment. Prices are being pushed up and down rapidly – creating fear and confusion.
I don’t mind volatility when there is a battle between the bulls and bears like there is with retirement stocks at the moment, but I don’t like it when the market is manipulated more by traders then genuine buyers and sellers.
Some traders want excitement more than they want money.
Colin Nicholson -The Aggressive Investor. “ Invest or trade. Jesse Livermore said he made most of his money sitting on his hands. True but not very exciting. One trader told me he traded in and and out of a share all year. Yet it was in an uptrend the whole year. To make a lot of money all he had to do was buy it and hold it.”
Going into ASX100 soon?
As ATM bounces around looking for 'support', it will be interesting to see where it settles after the next update due 21 Nov 17.
Here’s the updated summary of ST valuations including Snoopy’s, PT’s and Hardt’s latest…..
Snoopy - $NZ 3.00
PT - $NZ 4.72
BP Brokers - $A 5.85
Left field - $NZ 7.50
Hardt - $NZ 8.60 to …..$51.58 ( open to interpretation - am I being fair Hardt?)
sb9 - $NZ 8.25 to $10
In the meantime I expect more volatility.