not distorting past truths. As explained China is a fickle market. The shares rallied strongly and if China regulations had not changed then the brokers TP would likely have been correct - it actually wasn't far off at one stage with investors up 200%+. Your statement 'Brokers say A$230' was beyond a distortion, it was factually incorrect as at the present time (as your phrase was worded) analysts are touting A$100+.
Analysts are not fortune tellers, they use models based on estimates of future growth, expenses and margins.
Perhaps you shouldn't be in the market if you feel anger towards analysts inability to read the tea leaves accurately and guarantee your future income, when dealing with a communist government who plays by their own rules.
I assume you are 32 years old - you should be emotionally mature enough to understand investing and the difficulty in forecasting profits in such circumstances by now.
No more comments from me to you. I have better things to do than argue with you. Have a super day.
not distorting past truths. As explained China is a fickle...
-
- There are more pages in this discussion • 94 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
