Whampoa
I agree and I think that investing is about not losing capital as well as making it . No point investing 50% on 2 stocks and losing 80% on a third. If making 20% in a year was easy , we would be very rich. I understand the desire to buy something that may provide a bigger return but one also has to look downside protection , management skill, long term macro support etc. Ric is the kind of stock that can grow earnings for many years , and I think the low AUD will supper agricultural exports for some time which in turn will support Ridleys feed business. Paying half of earnings in dividends and reinvesting the rest wisely will price very beneficial in the LT
Whampoa I agree and I think that investing is about not losing...
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Last
$2.80 |
Change
0.030(1.08%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.84 | $2.78 | $959.4K | 341.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 1932 | 2 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |
