TPW 0.99% $9.14 temple & webster group ltd

TPW too cheap - worth $18.50, page-51

  1. 5,519 Posts.
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    My point remains, you'll always get biases asking holders of certain stocks. In behavioral economics we call it confirmation and availability biases and these should never be entertained. For example, it's unlikely anyone who seriously thought that it may go down to $4-$5 range would be holding TPW, hence less likely to be here on this forum answering your questions.

    Just my 2c.

    Personally I think TPW could drop slightly further but really not much from these levels. A lot has changed to pre-COVID-19. There are new customers that were forced into online shopping. Many of them will be "sticky" and won't go back to their old ways, at least to some extent. That in itself warrants a higher price projectory than pre-COVDI-19. Similarely, TPW used the cash raisings to increase brand awareness which added to the customer growth rate.

    I think trying to time the buy/sell points is pointless if you're a medium-to-long term holder. You'll get it wrong more often than right.
 
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