VCX 1.32% $2.25 vicinity centres

New 52wk high!!, page-16

  1. 4,905 Posts.
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    It's certainly had a good run but where to from here is anyone's guess.

    There is a certain broker newsletter (who I generally like but don't subscribe to) that pushes the line that it's ok to try and time the market. Lots of guff about looking for "precipitous moments" and the like. I note:

    They've been cheering being in cash from around Easter (maybe they'll change their tune after the overnight US inflation report)
    From what I can tell their income and growth funds have both underperformed the market over an extended period

    I just like buying good quality stocks when they're heavily undervalued (in this case VCX when it was around $1.50). I'm not sure it still fits the heavily undervalued category, at least not mine.
    https://hotcopper.com.au/data/attachments/4583/4583158-3a22d4b6558d04a03fed3429ea0df75b.jpg
 
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