TGA 0.00% $1.17 thorn group limited

Good to hear from you Pioupiou. I have been wading in again...

  1. 623 Posts.
    Good to hear from you Pioupiou. I have been wading in again after selling all my holdings back sometime ago...taking advantage of the zig up. Tga does seem to zig and zag like you say. Buying in again with a PE around 11 and dividend of 5%., seems a no brainer.Hopefully it goes back up to that PE of 15 again and therefore towards the $3.20 mark. Personally I think the PE of 15 you mentioned as being the true value of TGA as being a bit high. I think those Zig Zags are mean reversion around the PE 13 mark. At PE of 15 is where Id look to sell... based on it zagging down again. Hoping to double my holdings before it runs up again. Tga seems to be a safe haven in a world of macro uncertainty. I note you have developed an interest in CCp which has been rewarding. I have a 3 stock portfolio.. ..TGA, CCP and MMs that I have poured i to increased holdins. MMS seems such good value and as a business throws off so much cash, that i have to own it despite the overhang of govt regulation.
    Last edited by insomniac: 13/07/15
 
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