RE: Re: Guessing26 Jan 2018 09:08
QUOTE 'There has been much speculation here about how far this has to fall but nothing is forever, is it? '' UNQUOTE
Hi TheFarEnd
Yep that's what they say fingers crossed and everything else crossed for that matter I one of them value investors :-)
When times are bad you just got hang in there like we are here today, and just pick the dividend re-invest until the tide turns
I bought HSBC shares at 620p within 6 to 12 months she dropped to the low 400s due to the so called China Crises in late 2015 early 2016 everyone was posting the yield around 7% we see a Divi cut etc like here TBH, I knew the true value deep down was around 750p whatever the noisy crowd was shouting, so just signed up for the cheap scrip shares and waited for the correction to happened. just look at the price today knocking on the 800p door
OK I sold a little early 670p , lost many battles but won the war in the end :-)
PS Pipedreamer still like your name :-)