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

GMG

Click for more information

1.11%

$37.50 goodman group

I don’t believe central banks for a second when they pretend...

First 43 Last

Share
Profile

Follow
dawgfather

9,893 Posts.

5243

02/10/22

00:27

Post #: 63984949
Share

Originally posted by noomxx: ↑

lol its a democracy, even on hotcopper.
People can ignore who ever they choose, but ignoring people has zero impact on share price movement.

So far, year to date I have been correct on GMG.

Market is evolving from QAAP (Quality at any price) to GARP (growth at reasonable price).

The issue is not only the peaking of yields (which we don't yet have an answer to, only time will tell on this), the more important issue is that the market believed interest rates would quickly reverse in 2023. Central banks are making it quite clear (clearer than on many historical central bank communications) that this will not be the case and that interest rates will stay higher for longer.

This issue has NOT been factored in, and hence why REIT prices are declining.

There will be a time to start buying or topping up (if one is an existing shareholder), but that time is not yet upon us.

Let this wash through.
Investing is not just about return on capital, its about preservation of capital.

Expand

I don’t believe central banks for a second when they pretend they will take inflation seriously.

As soon as it gets tough, they will all fold like Bank of England and start the money printers again.

GMG Price at posting: $15.78 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

There are more pages in this discussion • 31 more messages in this thread...

First 43 Last

Add GMG (ASX) to my watchlist

(20min delay)
Last $37.50		Change 0.410(1.11%)		Mkt cap ! $71.37B

Open	High	Low	Value	Volume
$37.05	$37.74	$36.79	$44.87M	1.199M

Buyers (Bids)

No.	Vol.	Price($)
35	4508	$37.49

Sellers (Offers)

Price($)	Vol.	No.
$37.50	1116	18

View Market Depth

No.	Vol.	Price($)
31	3843	37.490
24	2796	37.480
8	509	37.470
7	1220	37.460
10	677	37.450

Price($)	Vol.	No.
37.500	885	8
37.510	1173	11
37.520	764	12
37.530	501	7
37.540	676	10

Last trade - 14.32pm 15/11/2024 (20 minute delay)

GMG (ASX) Chart

SPONSORED BY