re: News: Transpacific sells vehicles group t...
Could anybody shed some light on whether this is good or bad in the long term.
I think it must reduce debt, narrow focus, but do not know if the price is good or not.
I am glad to see the upswing and had a sell order at 87.5 which was snapped up which matched the same amount that I bought at 82c. But I am still overweight with 30% of my holdings in TPI, or 20% of my available funds given I have 40% on the sidelines waiting for the next big crash.
Over time I have managed to get back into the black, but it was been a very long haul, I don't want to bail early if it will come into its own soon.
TPI Price at posting:
88.2¢ Sentiment: Hold Disclosure: Held