The temptation is there to average down, but I too have decided what i'm prepared to risk and am opting for more secure places to park the rest of my money =P
One day we'll be kicking ourselves for not putting more into Centro when it was only 22c =P
Mmm I agree prawn, I feel like it's one of those stocks you put 10% of your portfolio in and forget about for 5 years. Unfortunately I'm too impatient for that and sold out recently for more volatile stocks.
I think your signature says it all
"so many stocks ... so little capital"
I'm pretty sure the ASX normally gives you 3 days by default whenever you ask for a TH, by which time you can ask for it to be lifted earlier or extended. Centro has then come out and said there'll be news before monday's open. I wouldn't read anything in to it. That being said I think it's good...
Well i'm bullish so the two things I took from that article were:
"We're still working towards it. The banks are still supportive, it just takes a while to get the documentation done," he said.
"We have received a number of offers. The board has not taken any of those. We're not going to...
Seems they only revalued from 1.00 to 1.05, not a huge change (relative to the 67.5c Offer), though property valuations increasing recently does raise slight suspicion.
Either way, looks like a good buy to me based on NTA alone, couple that with a first half distribution of 4.2c (>10% div at...
I talked to my accountant friend about this and he mentioned something about NTA being revalued at +54million (or thereabouts) recently, which may mean the NTA of 1.04/share is overvalued, any comments?
I do like the looks of this stock on paper, and sorry about the lack of substance, i'll...
Everyone holding this stock seem to be rubbing their hands together far too readily (myself included), which makes me weary. What are the potential risks here?
Have Mindex proven that they are actually sitting on big deposits of iron?
Would Tsang be able to sell his holding at a...
Well, today's performance (so far) was uninspiring...
So, my rookie analysis would be that unless there is some slow-reacting build up of investor confidence, or there is a big announcement that they have found a new investor/partner or sold assets at a good price in order to finance the...
Haha I see your point, I suppose a slightly more answerable question would be, with your greater knowledge of the stock market, does news like this often send the SP up high, from which point it slightly corrects downwards, or does it always go up steadily? I realise that these things aren't...
I'm a bit new to the stock market, but I assume this is great news (for the company and the SP). I am wondering what my selling strategy should be, if I'm looking to get out within the next three months, i.e. should I sell at the top of the first peak on Monday, with maximum momentum, or wait...
Anybody know why it's dropped from 70c? I cant find much on it except for that "no rabbits in the hats for Centro" (below), but even that's not wholly negative.
Shares in Centro Properties Group and Centro Retail Group posted strong gains in the week ended 1 February 2008. However, Ross...
Re-post from the thread: What will happen to BHP and RIO after Feb 6th?
Chinalco ready to sell
Updated: 08:04, Tuesday February 5, 2008
Chinalco, Rio Tino's newest major shareholder, has confirmed it is prepared to sell its 12 per cent stake in the company, to BHP Billiton.
That's if it...
Hello Ladies and Gents,
I'm James Hartley, I found ASF after reading Motley Fool, searching their site for 'australia' which turned up centro, and Centro in google leading me here =]. I'm fresh out of uni, looking for somewhere to make my spare salary into millions =P. I've had about 10k...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.