"What are you on sbout? 90% of the ASX is undervalued and if you could just turn it up to 2008 highs you along with everyone else holding will be loaded."
That is where you are wrong,wrong,wrong. In 2008 there were many companies that were well and truly overvalued.They have collapsed completely and will never return. The market then also valued some spec companies at prices that were impossible to justify and most of those will never return.(ABC learning if you need an example)
VPG and companies like VPG (such as CER)have, as an asset base, real property and they will eventually return to normality.They will be leaner and meaner, with less debt and able to return to previous highs and beyond.
That's what I'm all about. I thought blind Freedie could see that.
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