6 months ago i took a course on the food cycle i was researching a company called Potash Corporation of Saskatchewan and from there I had few thoughts about researching food retailers everywhere in Asia, Europe and north america and in this short period I leached the conclusion its not as good as i first thought to invest moeny in this sector. the sector is going through a huge transformation and it will require a lot of money for companies to keep up, better sectors out there for a rising interest rate environment, say financials so its not about 170, 250 price or 150 its long term commitment
industry will consolidate, few will not be here in few years time, the business will change delivery will be faster, buy anytime, and other changes probably will require a lot of capital spending for years and years hence not likely for share holders to make any profit for a very long time thats the big picture
as a good investor look for businesses with lowest required capital and highest profit anyway thats long term
Many definitions of the word " hottentot " if you Google it !! ----dog, fish, teal duck, fig, as well as the peoples tribe named hottentots ( which i'm not ) ----so take your choice i say ---just liked the word and hence use it as my ID. ----i did actually post somewhere that i am "split trading" this one with a small bias to the long side ---won't be closing any of my shorts tho' until i see a trend reversal and i don't see that until 210 p is broken and held to the upside --even then that will only be a short -term reversal from mid july's 290 p ish ------JMVHO -----GL .
If you're a day trader, enjoy the day (so far, so good). But if you're looking for sustained recovery potential, the TSCO baby is not even a fertilised embryo yet, never mind viable. For medium to long-term investor, supermanrkets are not the place for your money, imo.
any reasons for breaking 200 anytime soon, are we waiting for holiday seasons to provide higher sales replacing more top management positions, speeding investments in insurance and banking insurance business should do well in rising interest rate so what are you guys betting on happening in the short term to improve share price
Weren't The Hottentots sort of short fellas, who didn't wear shorts? - and if you are wearing shorts as apposed to Long Johns, like me, then beware old son. Just friendly advice though and I fully respect your right to your opinion - DYOR Everybody, etc.
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