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1.47%

$40.15 arb corporation limited.

Fair enough, It just seems a little bizarre to hold a stock that...

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objctv-investor

42 Posts.

07/02/17

11:56

Post #: 22423178
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Originally posted by MarsC ↑

Hey what? First of all, let me stress that i am not comfortable with ARB's stretched price multiple and haven't been for quite a long time. I've never made a secret about that.

That said, i have owned the business for over 15 years, and have never in the past decided I'd lost or gained money because of a 6 month price movement. My feelings about this are not about to change.

If a valuation looks like BS to me, then that's because it looks like BS. That won't change because the future outcome turns out to be aligned with the valuation, especially when we are only talking about 6 months down the track. In any case, as i say, if that "research" was saying that ARB was overpriced, then I've already said, i agree. But that's hardly a news flash.

My point is that the quality of the research, regardless of whether it agrees with me or not, is such that i would not waste my time with it.

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Fair enough,

It just seems a little bizarre to hold a stock that you believe yourself is overpriced.
Also, what is your opinion on the terminal value of ARB given the arrival of driverless and electric vehicles?

objctv

ARB Price at posting: $15.45 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $40.15		Change 0.580(1.47%)		Mkt cap ! $3.305B

Open	High	Low	Value	Volume
$40.08	$40.45	$39.91	$3.148M	78.46K

Buyers (Bids)

No.	Vol.	Price($)
4	751	$40.09

Sellers (Offers)

Price($)	Vol.	No.
$40.28	247	1

View Market Depth

No.	Vol.	Price($)
4	751	40.090
1	448	40.070
2	874	40.060
2	247	40.030
2	747	39.990

Price($)	Vol.	No.
40.280	247	1
40.310	382	3
40.340	247	1
40.380	247	1
40.500	155	1

Last trade - 16.10pm 29/07/2024 (20 minute delay)

ARB (ASX) Chart