Just figured it was worth a gamble on picking up cheap assets and had been lurking a week or more, AFR bombing made me go for it once the s.p here started to pick up, suspect not the only one with the same thoughts and pressing the button today.
Fair points, timing is everything. One of my more riskier investments was STGR turn of the year, ridiculously kept averaging down, held near a million shares when they finally popped. Took my stake and a week or so later the tiniest of profits as timed my entry way too soon on a risky share. No such drama here thankfully
LOL does get lonely, but usually a good sign. Almost the same on a couple of others I follow. I'm not a prolific poster as you can see, these sort don't attract or need b.b ramping brigades, but if buy and hold still exists in this modern age, the chart still appeals to me. Good luck with your trading/investing too
Good market timing! Maybe he also thought the global market and China particularly might cool or maybe he just wanted to do some retirement planning or enjoy a bit of his hard earned at 66, after all he still kept around 2/3rd's his stake.
http://www.proactiveinvestors.co.uk/companies/stocktube/3145/restore-ceo-says-cintas-uk-buy-makes-huge-change-to-market-share-3145.html Bought a few after the little dip, will add on any further ones, solid growth story for me.
One year chart says it all. This is a buy and almost forget type. Something to tuck away if you believe buy and hold still relevant these days. Don't see much to slow down over there bar ww3, somehow I think they will keep prospering long term and expect continued purchases of their own shares for awhile yet. Dont post much here, as many stocks i fancy seem to have little interest on these boards, bar odd higher risk punts. Hope it pays off for you bilbo.