Yep, if all the current headwinds got worse then the worst case scenario could conspire to bring about $2.50 or whatever. History and experience tells us that the worst case scenario rarely happens. But have a plan for it.
I was reading some more SGP background. They usually develop their own assets- but in the last two recessions they made acquisitions- they had the financial strength and vision to take advantage of the situation. My comfort with SGP is not just that they are diversified- but that I trust them to make value accretive decisions regarding their asset mix and in reading changes in the sector.
I am comfortable holding value stocks that make profits, pay dividends and may be around or below enterprise value. I would not feel comfortable holding some of the 'growth' stocks at the moment that soared after the 2020 covid crash- that make losses and are still at vast multiples of any actual enterprise value even after falling... And don't get me started on travel stocks that will continue to bleed cash for perhaps years yet.
IMHO DYOR
SGP Price at posting:
$3.90 Sentiment: Buy Disclosure: Held
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