That is being overly dramatic. I take that as an symptom of your own self-interest. Be it to the upside or downside it is much better to keep a level head. In my opinion BGA is currently going through the normal vicissitudes of the environment it is operating in. It will come out of it in one way or form stronger.
I like to own companies that can (with fairly reasonable assumption) be cashflow positive for decades to come. As long as that assumption is true with a leeway of a few quarters of weakness here and there - BGA can stay in the portfolio. There are a few companies in the ASX portfolio that I've held for more than a decade (CBA, BHP, WES, BKW, SOL etc) BGA will be joining them or I would not be here buying more.
When it comes to investing; buy quality companies with cashflow, run your own marathon, tune out the noise and sooner than you think the portfolio will be in compound accretion. This is a great time to be bullish BGA.
Ann: Trading Update and Sale of Port Melbourne Site, page-55
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Last
$4.23 |
Change
-0.070(1.63%) |
Mkt cap ! $1.289B | |||
| Open | High | Low | Value | Volume |
| $4.34 | $4.34 | $4.22 | $1.300M | 304.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 8612 | $4.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.23 | 6324 | 15 |
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| Last trade - 13.51pm 21/06/2024 (20 minute delay) ? |
| BGA (ASX) Chart |