Griffon, I have a (probably) over simplistic approach to investing. I compare investors to gamblers. Investors don't need to be sprinters, more like marathoners in fact. Investing in well run companies is more important to me than buying in at the perfect lowest price, though it's nice when that happens. I view NHC like that along with companies like NWH. Investing in quality is more important than 'bottom picking', - and we all know where that leads don't we.
This long term approach has resulted in an average NHC of 460c and NWH of 121c. I don't understand enough about financial / accounting to make effective judgements. In fact I think the financial / accounting system is designed to make it impossible for anyone other than specialists to understand. So I focus on the industry involved and the management in question. And I have cloth ears for people insisting the coal industry is on its dying knees.
I am no guru to be followed for sure but I thought I should spell out where I am coming from.
divi guesstimate, page-13
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Last
$4.78 |
Change
0.090(1.92%) |
Mkt cap ! $4.040B | |||
| Open | High | Low | Value | Volume |
| $4.76 | $4.80 | $4.69 | $20.43M | 4.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 68353 | $4.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.78 | 95424 | 10 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NHC (ASX) Chart |