I am thinking I may have been wrong on SSM. Previously thinking the sharp run up in share price may have resulted in a company at fair value now but more of a hold as a momentum play.
Seeing the upgrades come through so regularly and looking at what cash they are generating, the update seems to perhaps not only justify the recent sharp gains in share price but point to further upside.
Am starting to think I want to hang on for some time yet. Imagine the dividends will look pretty good in the future.
SSM Price at posting:
75.5¢ Sentiment: Hold Disclosure: Held
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