re: is it a good investment?, page-6

re: is it a good investment? Buy the business and not the share.

All the nail biting occurs because we look at the short term loss or profit.

Unfortunately the institutions create the volatility, they dont care about the business, and long term for them is 6mths. The smarter institutions trade it, hoping to stay long term if they see a good business. ie they have to be seen to be making money in the short term.

Thats our advantage. We can see a bigger picture to unfold. Do your own research, find value in a company, and buy it. When share price meets value, reassess.

What I like about Nido, is there may be a continuous unfolding of potential value.
It was well priced in at 60c with oil > $100. Nidos assets obviously affected by the price of oil.

Draw your own conclusions as to what oil will do over the long term.

Value it today based on current oil prices, look at potential for growth, quality of product, quality of the board , all potential risks including typhoons, single source of cash flow, politics, global collapses ect, and my personal opinion for me only, is ive got myself a little black duck.

Lastly can you sleep at night........The longer your horizon the easier it is to sleep.