election date set to be 7 of september with the odds on that date at $1.01 on sportsbet. I wonder how the price of MMS will react to the announcement of the election date; id expect it to go up with some certainty as to the demise of Rudd.
Could be a good first trade, just a little excited
Surely this is going to rocket up closer to the election date? Bookies have Coalition at 1.18 and are rarely wrong in general. How has this stock not gone back up more!
that the dilemma ..
Bookies said Lib will win
Current Poll said Labor win
50/50% from here on...no sure bet...
Not sure what polls you're referring to but all the ones I have seen suggest otherwise. Mainly 52-48 to the Coalition.
What poll is that, ROE? Can you provide a link?Current Poll said Labor win
yep polls are around 52-48
The bookies obviously have the odds like that for a reason, i highly doubt labor has a chance of winning.
The stock has been performing well, since the beginning of august its gone up $1 or 12%.
I think it hasnt skyrocketed back to or near its previous highs is because the election period is full of uncertainty. Abbott could well bugger things up before the election and it be all over for him and MMS.
Also I think there's the uncertainty of auto sales figures
What poll is that, ROE? Can you provide a link?
All I know is I'm putting all I got into it tomorrow
AFR Election article that tally up all the poll and average it out ...
Labor ahead 1% but like I say it's 50/50 because the poll is too close to
really pick winner...
http://data.afr.com/polling.aspx?type=pops&dimensions=wide
We probably have a better idea I say a few day out from polling day
Big risk big reward. Hopefully it pays off soon.
Big risk big reward. Hopefully it pays off soon. Good luck to all those that are currently in and or considering it.
MMS will not be the same stock again. What happens in 3 years time at the next election? Do we go through the same thing where the business looking at potentially losing half it's profit again?
This is the only reason I held back...
Has there been another listed company where changes in legislation have threatened profitability in a similar way? I'd like to see how that played out...
Yes CAB. Didn't go well.
The market got complacent at $18 which really was perfect-sunshine-forever valuation.
Of course, that's a given.Don't forget the other side of that equation, "Big risk, big loss."
I see it all the time in many aspects of life, people prepared to take high risks for potential high gains - who then whinge incessantly when the risk comes home to roost and instead they realise, or become aware of the potential for huge losses.
MMS will not be the same stock again. What happens in 3 years time at the next election? Do we go through the same thing where the business looking at potentially losing half it's profit again? Or in another 3 years?
What sort of risk premium would investors put on a stock that has a large part of its earnings subjected to politically charged, potential disappearance at irregular intervals?
The market got complacent at $18 which really was perfect-sunshine-forever valuation. Will the market make the same mistake again on MMS? My guess is probably not for a very long time.
Big risk big reward. Hopefully it pays off soon. Good luck to all those that are currently in and or considering it.
The risk vs reward is simply to attractive to ignore. A conservative estimate of where the MMS price will go should the coalition win (high probability at this stage) is $13-$14 / share. ~50% gain at the current price.
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