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Good comparisons Pandafund.
That cyber attack looks to have been worse than all other years for H1.
If things get back to normal then I reckon these are very cheap.
This thread is nice and quiet which is often a good sign. It is also clear from the TR-1s that some people are accumulating.
I am very hopeful here for Friday and beyond.
2,565,248 shares sold in one go this afternoon. Is that Hoyle out now I wonder. TR1 incoming?
You have to announce 3% as the lowest threshold to cross. So one RNS left perhaps?
I agree with that Wyndrum. Yes, long term is very hard to predict and Buffett was so lucky working in the golden post-war period for the US. After the stock market crash of 1929 so many people disliked the stock market that they had crazy prices for decades.
I think short term trading of individual shares can still offer good opportunities now though. The ease and cheapness of trading makes it more possible too.
Wyndrum - you said "If you buy today you are effectively saying you know more than the combined market. (You may turn out to be right but the market has the same info as you and price it accordingly.)"
This is the 'Efficient-Market Hypothesis' isn't it?
That hypothesis is a generalisation that assumes an infinitely sized market. In reality a large seller or buyer can move the price and if there aren't enough people in the market on the counter-side then the price will change. The large seller or buyer often knows nothing more than anyone else, but they still can move the price. There often aren't enough rational buyers and sellers for the market to be 'efficient'. This is where the opportunities for investors lie.
I think you kind of said similar at the end: "I have come to the conclusion the company and the SP are 2, for the most part, separate entities , one not being connected to the other."
This Buffett Quote is apt: " Short term the stock market is a voting machine, but long term it is a weighing machine."
But enough of all that. The question I am trying to workout is whether HARL is too cheap!
Crazy to think you are all out!?
Personally I think CARD will do better than housing from here. Low interest rates will hurt mortgage borrowers and Inflation may well increase CARD's bottom line.
But best of luck with whatever you choose!
Glad you are back in.
Personally I don't see the value in SAGA - it hasn't made a profit for years and the debt is high.
I like CARD though and hope at these prices we will end up in a few years time with a stock yielding 25%.