I sold out today. Saw UBS forecast Revenues (US$m) for:
Column 1
Column 2
Column 3
Column 4
Column 5
0
12/18E
12/19E
12/20E
12/21E
12/22E
1
655
666
697
722
743
and thought that's not for me.
EPS and div yield growth look OK over this period, but not a growth stock.
This is fully valued people. I feel I've done well.
- Buy $3.75 16/7/16
- Buy more in CR $3.10
- Sell half $4.22 17/10/17
- Sell rest $5.74 today
There's stocks out there with much better revenue profiles.
Future earnings are subject to a lot of assumptions.
Laters!
SDA Price at posting:
$5.71 Sentiment: Sell Disclosure: Not Held