Tell u what- I count my blessings on this one...and I am not religious- Lol. As I nearly bailed a week before this stock started flying after holding for a year. As my mind began to think there MUST be issues. After being so stagnant for so long...
So I contacted Management, several emails and phone conversations later I was convinced that the market was simply stupid... so loaded up some more. Luckily the Directors and I were correct in thinking the market was stupid. Lol.
When these guys make it to a few dollars I will be wearing their Logo 4 sure... Anyway if my latest set of questions are answered very precise and optimistic I will load up again. Yet my 25% sold will now cost me 150% more, so I cannot afford to buy this much more.
As stated I hated myself for selling 25% of my shares at 50c. As the tax burden, as I soon realised i sold a couple of weeks before the 1 year mark. Plus the fact it up another 150% on top of that.
Regrets in tax burdens and profit taking regrets this year are fair better than all stop losses being triggerred all through 2008. Then being 70% down at the end- so i have a capital loss to make up for- so my accountant saids my tax liability is not as great as I suspected- yet he still thought i was a fool to sell 2 weeks before the 1 year mark. Then to tell him how much they worth now he simply laughed- you idiot. He a friend so I let him off with that statement in gest.
Anyway i will love some great ANNs this week- this stock has so far made me greatly outperform the market for 2010. Whilst TRF\IFE\ADO\SSN\ARM\etc are now pretty stagnant yet primed for a MHM like lift IMO. As stated many times it only takes 1 from 10 to achieve greatness in 1 year for you to greatly outperform the market...
I wish I had the Warren Buffet brain to remember all the details of 1000s of companies pa. I can only manage to concentrate on a dozen MAX.
MHM is a winner- full of confidence on this one.
I have my targets yet more likely to hold a good portion for the long term or a takeover. A takeover will be fine as it will need to be many $$$. Then that will finalize this play. All good things must come to an end at sometime. This has only just started...IMO- DYOR.
Askier- have you seen the Management face to face lately. As I could not get an appointment this month- which surprised me. I am not in Aussie much so I did stress that I am in town only for 1 more week. They will get back to me yet stated they sorry yet they doubt it. Surprising seeing how much of them I own- not happy about the refusal to meet me at the Plant offices.
Nothing like asking the hard question eye to eye. Not even the enticement of a free lunch in town convinced them. A bit dissapointed- I guess they do not need any more of my money at this stage. As I a small fry compared to whom they talking to right now being Alcoa USA Executives.
Cheers Jay
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Last
41.5¢ |
Change
0.030(7.79%) |
Mkt cap ! $173.7M |
Open | High | Low | Value | Volume |
37.0¢ | 42.0¢ | 34.0¢ | $711.4K | 1.805M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6188 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.5¢ | 62879 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 166950 | 0.400 |
1 | 1290 | 0.390 |
1 | 1300 | 0.385 |
1 | 5888 | 0.380 |
1 | 20000 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.415 | 62879 | 1 |
0.420 | 233643 | 2 |
0.425 | 100000 | 1 |
0.430 | 21750 | 2 |
0.435 | 25000 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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VYS (ASX) Chart |