I am happy buying at an 8% Div Yld after tax, so at the moment, I am happy buying up to $2.
This has a large margin of safety compared to current interest rate available in a high interest saver account. I can ride out any short term price fluctuations.
As to the future and a price forecast, I think it is best to hold for a few years at least so GQG are given the opportunity to improve performance again (like they have done historically). In four years the price will have at least tripled from current share price, circa $5.
Future price is dependent on Trump not blowing up the US economy (moderate probability), interest rates staying stable (low probability), GQG turning on growth tap again (high probability), GQG keeping operating costs low (medium probability). Just have to sit back and be patient.
GQG Price at posting:
$1.84 Sentiment: Buy Disclosure: Held
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