Australia's largest stock trading and investment forum Australia's #1 stock forum

ALU

Click for more information

0.00%

$68.33 altium limited

I did the same with CSL and REA group passed on them at 70 and...

First 24 Last

Share
Profile

Follow
Plague

309 Posts.

242

24/08/22

13:54

Post #: 63294621
Share

Originally posted by Iloveicecreams: ↑

It aint going to happen. Well at least I hope not. I'm glad Altium rejected previous offers even though the SP sits below the Autodesk takeover offer.

furthermore, I tend to disagree that the SP bumped due to speculation of a takeover offer. The SP bumped because this is a company growing its earnings, growing its dividend and is still in its infancy of a business looking to dominate.

I've said this before, but too much attention paid just to one metric ie: PE - can really screw you up in the long term. If I could go back in time and purchase those great businesses that I thought looked way too expensive back then, I'd be much, much better off right now. But hindsight is a wonderful thing.

I hope Altium never receive a takeover offer. But I'd vote in favour of takeover offer at say...$100/share. Haha...

Expand

I did the same with CSL and REA group passed on them at 70 and 25 because they were 'too expensive'. Brought them both later at a higher price... they're expensive for a reason, why would people who own shares in great businesses be motivate to sell at a cheap price?

ALU Price at posting: $36.72 Sentiment: Buy Disclosure: Held
5 Upvote

1 Great analysis

Reply

Top Stories

BUX

Buxton projects new graphite province discovery at WA Narryer play

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

There are more pages in this discussion • 7 more messages in this thread...

First 24 Last

Add ALU (ASX) to my watchlist