- Joined
- 30 June 2008
- Posts
- 15,357
- Reactions
- 7,232
The way it's going now could go to $18.50 . Even better bargain.
Have to say I am a bit surprised at the current free fall. Down 6% today
The official "ASX is tanking!" panic thread
- Thread starter RexBudman
- Start date
-
- Tags
- asx asx tanking panic
Have to say I am a bit surprised at the current free fall. Down 6% today
- Joined
- 3 July 2009
- Posts
- 27,046
- Reactions
- 23,581
It could go to the $15 area, where I picked them up a couple of months ago.The way it's going now could go to $18.50 . Even better bargain.
Have to say I am a bit surprised at the current free fall. Down 6% today
UMike
Klutzing in Thai
- Joined
- 16 January 2007
- Posts
- 1,436
- Reactions
- 1,755
Got my buy order already at that (18.50) and will continue to buy on the way down.
Cashed up and ready to go.
- Joined
- 20 July 2021
- Posts
- 10,975
- Reactions
- 15,241
my buying prices on FMG were $19.90 ( cum. div. ) $17.60 and $14.20
all in August/September 2021 ( !!! ) so you can see why i am not rushing to pay over $19 ( and no div. in the very near future )
the key here is how many of the new promises can FMG deliver on ( in a world going to Hell in a hand-basket )
- Joined
- 30 June 2008
- Posts
- 15,357
- Reactions
- 7,232
FMG has twice yearly dividends. The next divie will reflect the last six months trading and be payable in March. IMV it should be around the $1 mark
Dividend Summary
The next Fortescue Metals Group Ltd dividend is expected to go ex in 1 month and to be paid in 2 months.The previous Fortescue Metals Group Ltd dividend was 211c and it went ex 5 months ago and it was paid 4 months ago.
There are typically 2 dividends per year (excluding specials).
Latest Dividends
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Status | Paid | Forecast |
| Type | Final | Interim |
| Per share | 211c | Sign Up Required |
| Declaration date | 30 Aug 2021 (Mon) | 17 Feb 2022 (Thu) |
| Ex-div date | 06 Sep 2021 (Mon) | 28 Feb 2022 (Mon) |
| Pay date | 30 Sep 2021 (Thu) | 23 Mar 2022 (Wed) |
- Joined
- 30 June 2008
- Posts
- 15,357
- Reactions
- 7,232
If they went that low I would also be back in. I did top up during last years ridiculous low SP. We'll see.
- Joined
- 20 July 2021
- Posts
- 10,975
- Reactions
- 15,241
yes but i am only factoring in 2 x $1 divs. from FMG , per year in the foreseeable future
FMG is quite welcome to exceed those expectations , if they wish ,
but i expect they will be prudent with their capital , given their expansion plans and projects
i would NOT be disappointed if FMG pointed some profits at the new projects
- Joined
- 3 July 2009
- Posts
- 27,046
- Reactions
- 23,581
If this turns into a major correction, the dificulty will be deciding what to buy, which is a good position to be in.
- Joined
- 20 July 2021
- Posts
- 10,975
- Reactions
- 15,241
yes but DECIDING can be rather difficult
and well, that correction ( crash ) has been likely for a while but we need to smash the ( minus ) 20% barrier first , that might or might not happen this year
Country Lad
Off into the sunset
- Joined
- 11 July 2005
- Posts
- 1,554
- Reactions
- 1,487
............ and when to buy.
- Joined
- 20 July 2021
- Posts
- 10,975
- Reactions
- 15,241
when , isn't so hard ( for me )
i have a 'fair price ' calculated normally , and prefer SOME at a good price rather than sweating ( and cursing ) over the best price
i guess that is the flip-side of not being excessively greedy ( for me ) , but i play a longer game
i have a 'fair price ' calculated normally , and prefer SOME at a good price rather than sweating ( and cursing ) over the best price
i guess that is the flip-side of not being excessively greedy ( for me ) , but i play a longer game
- Joined
- 3 July 2009
- Posts
- 27,046
- Reactions
- 23,581
I always find it best to work out what would be a really good price, before the crash when things are going well, not while it is happening. ?
- Joined
- 20 July 2021
- Posts
- 10,975
- Reactions
- 15,241
indeed , it reduces your chance of 'fat finger' ( i can always buy a few more if it tumbles even lower , again )
- Joined
- 20 July 2021
- Posts
- 10,975
- Reactions
- 15,241
Jim Rogers, Jim Rickards & Other Top Money Experts Offer Warnings & Advice For 2022
Jim Rogers Blog
TRACKING THE COMMODITIES VIGILANTE AND AUTHOR, JIM ROGERS AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
jimroger.blogspot.com
not ASX specific , but maybe some useful hints
wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,578
- Reactions
- 12,705
The drivers may have just started to change, as per Fed announcement last night.
- Joined
- 8 June 2008
- Posts
- 12,416
- Reactions
- 18,068
talking about opportunity:
buy this morning
buy this morning
|
- Joined
- 28 May 2020
- Posts
- 6,255
- Reactions
- 11,851
That is probably an OK strategy when looking at individual stocks.
The problem is, when any class of asset go in either direction, they tend to overshoot and undershoot.
When the market in general heads down, I tend to wait until I see some sort of bottom pricing has been observed.
Mick
- Joined
- 20 July 2021
- Posts
- 10,975
- Reactions
- 15,241
am not normally agile enough to pounce on the bottoms ( or sometimes get a part-filled order when i do )
isn't so bad with LICs either ( especially if still cum. div )
- Joined
- 28 May 2020
- Posts
- 6,255
- Reactions
- 11,851
Well, the only way you are ever going to be able to see the bottom is in hindsight, i.e. when they show a deffinite turnup.
Nobody picks the bottom, unless its a complete fluke.
Mick