ARB 1.00% $42.72 arb corporation limited.

Ann: Appendix 4E and Annual Report, page-7

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  1. 4,491 Posts.
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    "Verycreditablenumbersinatoughenvironment."

    IfaMartian-afinanciallyliterateone-landedonEarthforthefirsttime,andsomeoneshowedthatMartianthefollowingchart,andtolditthatchartspannedaperiodofquiteturbulenteconomicandpoliticaltimes,including:

    GlobalEconomicRecessionin2002/3
    MajorMiddleEastmilitaryconflict(2004/5),
    GlobalFinancialCrisis(2008/9),
    GreekDebtCrisis(2011)
    Brexit(2016)
    MiningBoomandBust(2016/7),
    ConstructionBoomandBust(2019),
    Variousebbsandflowsinconsumersentiment,
    Variousextremesinmacroeconomicinputssuchassteelpricesandexchangerates,

    and,moreover,thatthechartrepresentsanoutworkingthatrequiredabsolutelyzerorecoursetoshareholdersforcapitaloverthatperiod,what,IwonderwouldtheMartian'sresponsewouldbe?

    Viewattachment1701262


    Idefyanyonetoprovideachartofanyothercompanythatlookslikethat.

    .


    I posted on another ARB thread back in early May "If you're buying as a long term hold ARB is always a "buy", I learnt that the hard way...", that chart seems to confirm it. There may be a few ups and downs in the SP in the meantime, but long term...ah well, you know the rest. Of course I reserve the right to change my mind in the future.smile.png
 
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