MPL 0.55% $3.62 medibank private limited

Overvalued, page-26

  1. 360 Posts.
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    It's unlikely anybody of the mums and dads are nervous at all. As I write this the share price is $2.14 which represents a 7% rise in under 2 weeks. (the mums and dads bought at $2.00 p/s)

    This share price will fluctuate up and down in the short term with all of the strong short-term interest / profit-taking, will settle down after January and trend upwards slowly, then based on the announcements/results/balance sheets will bounce up or down depending on whether the news is positive or negative, as you would expect. There will likely be a small rally before the first expected dividend payment in September 2015 and until then, assuming there is no bad news this will trend upwards in a stable fashion AFTER the heavy fluctuations until Jan/Feb 2015 with a small spike in July/Aug 2015 just prior to the divvy.

    What is there to be nervous about? Those who have bought in have paid for a quality and stable company and the share price will easily reflect its performance/announcements. It's the companies that are not stable and the share price doesn't behave as anticipated that you need to worry about!

    GL to all holders, I only bought in $3000 worth, but along with IAG I'm not so worried about MPL.
 
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