To maintain your wealth I figure you have to know when to hold them and know when to fold them. This can be easier said than done. I have no one to run these things by hence why I am here after other opinions.
I have come to the conclusion ppl become too emotional about the companies they have invested in especially if they have had a good run and hence can hold tight for the wrong reasons losing any gains made. I found ISN a good example of this when it was trading at 65 to 70 cents and having a market cap of around 180mil, brokers report showed 6mill for 2016 3% return seemed over valued at this price with 2 yrs to go it then went on to reach 80 odd cents? I asked the same question to ppl on the ISN forum with no reply goes to show I think ppl a large group got carried away.
The question I'm asking on here away from the AHZ forum is that I am hoping for some unbiased feed back on AHZ.
Granted AHZ has potential with its vaccines but is it becoming over valued on its heart patch technology. Predictions from the morgan report are for 11 mill profit in 2016. Market cap is approx 200mill. Being 2 years away is it also overvalued I would think there is definitely nothing more in it with out news which could be 6mths away for tests undertaken on subjects with Herpes and its a big gamble to say a pharma will come along and offer them money to market their product at this stage. Anyway it has also been trading sideways on low volumes for sometime now, is there now too much hype based on the above facts and ppl are falling in love like they did with ISN ?
It seems to me the market needs to see earnings not too far down the track maybe a yr away not 2yrs it doesn't matter what technology a company has.
Another example is ACG 20mill company now just been revalued to reflect it's profitability of 1 mill a year. Did ppl fall in love with this to.
Thoughts would be good on ahz. Is it now over valued for where it is at earnings are still a way off arn't they?
