Member Info for Cole141

Thanks. There are probably a dozen people in the world that can consistently time the market for outperformance. I am not one of those people. The rest of us do so to have our skin in the game and take an interest (80% of my equities are in FTSE Global All-Cap).

240p will be a gift horse. I take a long term approach. There is no buying and selling. Just buying.

Persimmon is currently 1200p. I believe it will go down to 200p. Why would I sell when in 3-4 years it will be back up again, given that anyone who tries dive in and out is statistically more likely to loose money.

If Genuit sales dry up and the business is mothballed, what do you think the valuation will be? Management would simplty have to concentrate on positioning for a reopening. Markets are irrational in the short term.

If you don't like hearing that it is perfectly plausible that Genuit could be at 50p sometime in the next 12 months then you probably need a financial advisor to hold your hand.

I take a simplistic approach to investing.