TPI 4.29% 73.0¢ transpacific industries group ltd

re: News: Transpacific sells vehicles group t... Could anybody...

  1. 8,725 Posts.
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    re: News: Transpacific sells vehicles group t... Could anybody shed some light on whether this is good or bad in the long term.

    I think it must reduce debt, narrow focus, but do not know if the price is good or not.

    I am glad to see the upswing and had a sell order at 87.5 which was snapped up which matched the same amount that I bought at 82c. But I am still overweight with 30% of my holdings in TPI, or 20% of my available funds given I have 40% on the sidelines waiting for the next big crash.

    Over time I have managed to get back into the black, but it was been a very long haul, I don't want to bail early if it will come into its own soon.
 
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