EOS 1.54% $1.28 electro optic systems holdings limited

Valuation, page-35

  1. 595 Posts.
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    First, let's address the factual errors: $2.50 +/-10% = $2.25 - bottom of my "range bound" prediction from the 16th, equally $2.75 is top of "range bound" prediction. I note today's low was $2.84... So we've been moving towards that range...

    And, budget permitting, I will start buying at $2.50 when $2.50 is above the SMA50 line. That's my plan based on the information available to us today. If you have a different plan, that's fine: it's your money to use how you see fit.

    Once management delivers, yes, I agree the risk is diminished. We still don't know what the management structure/debt terms will be for working capital that management says it needs. Until it delivers, for my money I'd want a risk premium. If you don't want a risk premium, that's cool buy and buy hard

    It's not trolling - it's doing what I think is right for me in my circumstances. You circumstances, I dare say are very different and will require a different approach.

    Now, let's deal with your obvious emotional issues. I don't get why you're so nasty to someone with different priorities and views to you. You must feel pretty insecure watching the price fall in the short run. If you're a long-term holder, that should just be noise to you.

    And you're right: it was very silly of me to see the EMA9 change direction, profit take and put the cash into another share that's performing! You right, one should never take profits or for that matter crystalise a loss and rebuy. Actively managing one's money is a CRAZY idea. You're far better off buying the hype right now at $10... Save yourself all that trouble.
 
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