RE: Fall back22 Dec 2020 15:07
Hi, hope your keeping well. With regards analysts, I recall saying to my fellow vodders that when they predicted £2 60 -£3 for Vodafone I said there was 0 chance. Bear in mind Vodafone was around £2 40 . I told them the analysts have a opinion, just like myself. I told the VOD holders when SP was £1 75 that it was gonna plummet, and I mean plummet , bearing in mind most analysts were saying £2 & way over. I think Vodafone fell down to 99p. 1 analyst at bereneberg called it for many years, while his peers , thickos, were hopelessly wrong. I said the VOD dividend would be cut , only to be derided by scores. A few months later, bang.
Coming to RDS, when the SP was £24 in January I told my brother while I held it, their would be no £27, which I told him for well over 2 years. . He said it's just a matter of time & of course analysts were calling £30 &. Where are all the analysts today. No where to be seen. Their 1 opinion, that's all. Some are straight out of university & have little life experiences or the stock market. I called the dividend cut for RDS. Many, many, many shouted me down. Where are they now. RDS hasn't cut the dividend since ww2 etc etc. Don't get me wrong, I've made several predictions lately & been hopelessly wrong, Joe Biden being a prime example. But buying shares is a gamble. Your betting . And no matter how much research you do, who predicted 9/11, banking crisis, cv19 , or yesterday's writedowns. Not me or any analysts. I recall the so called doctor Doom called the banking crisis & no one listened. He's been on countless times since call the next huge doom. Hasn't happened. He called it right once & was wrong over 12 times to my knowledge. Reminds me of analysts. Right once in a blue moon. There's one thing that women have been using since day dot. Gut feeling. And it's amazing how many times gut feeling is spot on. DYOR they say. But though that may help to a fraction, I believe some people get lucky often & others don't. I've bought Vodafone, Rdsb, Tesco, Sainsbury's & Lloyds & Barclays & HSBC. 90% of analysts predicted good returns, some great returns. Ok maybe my timing was poor, though all those did well for a good period. You could count on 1 hand the amount of analysts who advise to sell. I was gonna buy astrazeneca, but choose Rdsb. I told people about apple when the SP was a quarter of what the SP is today. I wish I'd had the conviction to buy. But opted for Vodafone. It's a gamble. Like horseracing. Some get home & some have huge hurdles to jump & some fall. But they never all get round or over. No matter how much you study the form. I expect no one to take any notice of my forthcoming prediction, or any prediction. That's their choice. So many filter me, again , their choice. Mainly because they can't face the truth. But I'll predict I'm pretty bloody close in my target price come the end of 2021. But DYOR or don't. The outcome will be the same. Because analysts are more hugely wrong than ever right in thei