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19/08/16
11:59
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Originally posted by TJSkins
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Glad to have been given the chance to buy into this quality company sub 4.50. Wasn't at all worried when it dropped a bit lower than my buy, it was always going to return to this level IMO, even if it took months to happen. This was my first purchase after taking some time off from the market, and am now focusing on quality small caps that are profitable (or on the verge). No longer am I chasing high risk tech stocks, as the risk vs reward just doesn't pay off from my experience.
I really don't think the China growth potential has been factored into the earnings forecast for this FY. Lots of potential for earnings upgrades.
More reading to do on this one, but it appears to tick all the boxes for me
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Tech stocks in Australia? LOL. I think you will find much more success with your new strategy. If you want tech stocks then best to look at the US market... They rarely do well down under.