They are your words.
The bet is that in 12 months the price of GMA is higher than $2.44. It is simple. Now stop being a pussy and make the bet.
This is The bet nothing more nothing less.
Before I post a chart
Answer the question
Has your valuation altered
Is the stock still a buy
Hold or sale?
At $2.70 it was undervalued
At $2.44 and lower it was even better buying
Today at $2.70 is it still a buy?
FIGJAM ,The site has been nice and friendly since you left for the 10th time
give it a rest.
... He has very clearly decided that he needed to draw a line as he called
It at $3.10
FIGJAM ,The site has been nice and friendly since you left for the 10th time
give it a rest.
GMA is a financial business. The two most important metrics are tangible book value per share and return on equity. I would put earnings and earnings growth a distant third and fourth respectively.
That is a bit of a contradiction as earnings is obviously a component in calculating return on equity. Without knowing earnings you can't know the return on equity.
Also earnings growth if it occurs due to retained earnings adds to future tangible book value per share. So if you are look at what net tangible asset value will be in the future then earnings growth is important.
This thread is increasingly getting off-topic and personal and there is no need for it to go down that road. So let's get back to discussing GMA please and leave all the insults and provocation behind.
For the record there have been a number of posts by several people removed from this thread and nobody has been specifically targeted. I can only remove over-the-line posts when I see them and sometimes when threads get nasty or go off-topic I don't see it right away, especially on weekends.
Good work Joe. Who says you do not read during weekends. Today is Sunday and tomorrow a public holiday in WA too .
I have purchased GMA through IPO and sold out with a good quick profit and do not hold.
Reading some of the nice and not so nice postings and predictive behavior of GMA scrip price, my
With previous closing price of $2.8, PE 7.93 and yield more than 9% by comparison it is running excellent IMO.
what we need to consider that there is a change in housing sales and hence mortgages/mortgage insurance. So GMA is driven by industry weakness. Their margin is however very good and with consolidation the share price at current level once again good.
I am watching GMA and DYOR
Technical view
Click to expand.
View attachment 66992
Back in September.
Unless something of
interest pops up in the
mean time.
Technical view
Click to expand.
View attachment 66992
Back in September.
Unless something of
interest pops up in the
mean time.
You need an adjusted price chart to take into account of the capital return and share consolidation.
You need an adjusted price chart to take into account of the capital return and share consolidation.
Agree.
As far as I understand - chart reading, is analysing the behaviour of market participants and how they respond to certain levels and patterns. This behaviour is being constructed minute by minute by both fundamental and technical and systematic and mum and pa traders. The fact that certain participants are willing to transact in GMA at a certain level AFTER it has gone through capital return indicates that they are valuing it higher than if they traded at that same level BEFORE the capital return.I need this why?
It will change/changes the T/A?
I think it's pretty obvious that skc is more than an "FA".Coming from 2 F/A's??
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