NZS 0.00% 0.2¢ new zealand coastal seafoods limited

Charting only, page-168

  1. 3,387 Posts.
    lightbulb Created with Sketch. 4561
    Good question @pelvis77. It has been an amazing ride with NZS from 1 cent! Personally, I've now sold out. I don't like to become emotionally attached to stocks and at the current share price, I think NZS is at fair value or even a touch overvalued.

    Although long term holders may do well here, there is limited upside remaining in NZS for the short term. A higher valuation requires further validation over the coming quarters and years that the growth trajectory is sound and accelerating.

    My decision to exit NZS was also based on the fact that there are other multi-bagger opportunities that are kicking off right now that have larger potential over the near-term.

    Best wishes to all holders,

    T.E.P.
    Last edited by T.E.P.: 22/08/20
 
watchlist Created with Sketch. Add NZS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.