UWL 0.00% $4.99 uniti group limited

Well i had planned to buy on open today based on my post...

  1. 731 Posts.
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    Well i had planned to buy on open today based on my post yesterday and looking at it again last night.
    I saw Telstra looking to hire and spend more so gave some confidence in the sector.
    While 16c and 20% gain may seem like I missed out big time - on a 3-5 yr horizon with increased earnings and multiple it wont.

    As such i have taken a little nibble today at 97.5c.
    Will continue to nibble away over the next few months.
    No one knows the bottom - but i think now the initial panic in the market is over the market will start to look at indiviual companies. Those with a lot of debt will suffer so you may have 2 in the same sector with very different outcomes from here.

    With guidance re-affirmed, its not impossible - but i'd be surprised if we made a new low below 80c.
 
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