Why would you bother selling the Irish operations when they are at the bottom?
You've already taken the loss, it's too late!
The funny thing about severe downtrurns is that they turn into the biggest upturns, it's called a market cycle.
Gerry Harvey has seen many market cycles and knows full well whats coming next.
AUD not tanking for at least 15 years?
Get your hand off it Daryl!
The gigantic increase in mining over the last and next few years is going to bring the supply/demand curve back to reality, we may get a couple more years of a strong AUD but sometime before 2020 we will see below 70c again.
The funny thing about all these spruikers of "the best terms of trade in 100 years" is that they don't see it as a sign the terms of trade are gonna enter a Massive downcycle after the Massive upcycle.
You probably think housing is not in a bubble aswell.
As i've said HVN will most likely see shareprice drop to 2.50 perhaps lower, and i'll be waiting around 2.50.
Ps: Just out of curiousity 2-3 years ago did you rate HVN as a buy?
Some of my pick to outperform the market over the next few years.
TLS, WDC, QBE, FGL, BSL
I will be well wrong on all of these if the AUD stays around parity to the USD or higher.
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$4.61 |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 12117 | $4.60 |
Sellers (Offers)
Price($) | Vol. | No. |
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$4.62 | 43271 | 4 |
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No. | Vol. | Price($) |
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2 | 25446 | 3.880 |
7 | 234105 | 3.870 |
11 | 228181 | 3.860 |
11 | 192466 | 3.850 |
3 | 36300 | 3.840 |
Price($) | Vol. | No. |
---|---|---|
3.890 | 98757 | 6 |
3.900 | 76916 | 21 |
3.910 | 43330 | 9 |
3.920 | 165811 | 7 |
3.930 | 1002 | 3 |
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