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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 way it's going now could go to $18.50 . Even better bargain.and MIGHT consider raising my target on FMG Thursday/Friday ( to sub $19 )
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
Got my buy order already at that (18.50) and will continue to buy on the way down.It could go to the $15 area, where I picked them up a couple of months ago.
my buying prices on FMG were $19.90 ( cum. div. ) $17.60 and $14.20I reckon that would be good buy. Certainly taking a beating now but IMV the fundamentals are still excellent.
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 )
| 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) |
It could go to the $15 area, where I picked them up a couple of months ago.
yes but i am only factoring in 2 x $1 divs. from FMG , per year in the foreseeable futureFMG 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)
If this turns into a major correction, the dificulty will be deciding what to buy, which is a good position to be in.If they went that low I would also be back in. I did top up during last years ridiculous low SP. We'll see.
yes but DECIDING can be rather difficultIf this turns into a major correction, the dificulty will be deciding what to buy, which is a good position to be in.
............ and when to buy.If this turns into a major correction, the difficulty will be deciding what to buy.........
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. ?............ and when to buy.
indeed , it reduces your chance of 'fat finger' ( i can always buy a few more if it tumbles even lower , again )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. ?
The drivers may have just started to change, as per Fed announcement last night.
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That is probably an OK strategy when looking at individual stocks.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. ?
am not normally agile enough to pounce on the bottoms ( or sometimes get a part-filled order when i do )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
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.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 )
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