"Tradable? Yes. buy-and-hold, down -2.14%."
Tradable? No. Buy-and-hold, yes.
Firstly, CSL dominates XHJ, it represents more than 50% of XHJ. (even companies like Resmed, Ansell, Sonic, Ramsay are dwarfed by CSL)
Therefore when we talk about the Buy-and-hold performance of XHJ, we are basically talking about the Buy-and-hold performance of CSL.
I am such a buy-and-hold CSL shareholder. My initial IPO allocation at $2.40 per share in 1994 is now worth $1,400 per share, for a total return of only 58,000% or a 29-year CAGR of 25%. (includes dividend re-investment and the 1:3 split in 2007). Only Apple can rival this performance over such a long period of time.
My question to you is this: Where did I go wrong?
Secondly, you seem to be dissatisfied by CSL's Apple like performance (58,000%) and you want to try your luck at capturing the staggering 2.14% trading profit. This would require you to do 2 things:
1) You predicted the Covid pandemic and its effect on CSL's plasma collection costs. Prove it!
2) You predicted that on the 14th of June this year, CSL would issue a market update regarding a currency headwind and its effect on profits. You knew that CSL's reporting currency is the $US whereas more than 50% of its revenue is derived from non-US jurisdictions whose currency depreciated against the US dollar this year. You knew all that, and you warned us about it. Prove it!
- Forums
- ASX - By Stock
- XJO
- 26/06 Indices
XJO
s&p/asx 200
Add to My Watchlist
0.01%
!
8,541.1

26/06 Indices, page-127
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
8,541.1 |
Change
-1.200(0.01%) |
Mkt cap ! n/a |
Open | High | Low |
8,542.3 | 8,576.0 | 8,541.1 |
Featured News
XJO (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online