@lost whilst some take a 6-12 month view on earnings etc with a company like this with hi ROE and margins, I take a longer term view. Some say "the market" looks 6-12 months out.. So sure.. if that means there is market correction coming I get it... that means earnings contraction ..but that also means earnings contractions on all financials. The Big4, Mac Bank.. pretty much everything..like the Eurodollar futures and bond market is predicting.. I believe "the market" is too negative on short term earnings projections.. I am prepared to wait it out.. look ahead beyond that.. Does that mean I get my timing wrong a lot...? Sure.. like @@noomxx (it seems) I leave a lot of powder dry.. Who really knows? That's why we have a market.. it's a matter of judgement and stamina in crazy times... Just my opinion. Cheers
MFG Price at posting:
$19.71 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)