@riverred -thanks for getting back to me.
I bot into TRY yesterday, and sold an underperformer, no regrets. And today, after watching on the sidelines for far too long, bot into SLR. I needed some cash, and sold 20% of remaining EVN position, based on similar thinking expressed by you. While a very resilient company, it's fair value (presently), based on estimated EPS, and giving an appropriate P/E, is between $2-3. It was very good to me, through thick and thin. Even when NCM dumped 127M shares overnight, March last year, out of the blue, forcing the price down 10%. It came running back, like a horse.
Closed today 1.67, all time hi of 2.14. I'm thinking SLR (and TRY) have greater upside potential. I have no new cash coming in (unless I get a S/T contract in Canberra), so it's always a matter of re-allocation, fine tuning.
So this is where I stand now:
|
Column 1 |
Column 2 |
| 1 |
RMS |
16.86% |
| 2 |
RSG |
16.09% |
| 3 |
EVN |
14.85% |
| 4 |
MML |
13.22% |
| 5 |
SAR |
10.78% |
| 6 |
DRM |
9.47% |
| 7 |
PRU |
8.87% |
| 8 |
TRY |
6.13% |
| 9 |
SLR |
3.72% |
| 10 |
|
|
| 11 |
|
100.00% |
And gold is on the rise, as I write, now at USD 1,259.10...actually, it's rocking.......
Unrelated: "rich diet in Greek mythology and much later in Greek philosophy"
This is a classic I keep on coming back to to, that covers both bases above (myth, philosophy) - I once wrote a thesis on Myth and Symbol in Plato, long ago). Written in 1911, it was for me - like EVN - something that just keeps on giving - I'm sure you read it:
From Religion to Philosophy: A Study in the Origins of Western Speculation Paperback – April 30, 2004
by F. M. Cornford (Author)
"Cornford arrived at a picture of the origins of Greek philosophy which was historically superior to that which anyone else has so far reached." —
The Classical Review. This exploration of early Western philosophy traces the religious roots of science and systematic speculation. Cornford, a distinguished historian of ancient philosophy, combines deep classical scholarship with anthropological and sociological insights to examine the mythic precursors of enduring metaphysical concepts — such as destiny, God, the soul, substance, nature, and immortality.
