Kausha wrote:VituVingiSana wrote:mlennyma wrote:VituVingiSana wrote:It should head back to 12/-
*Please fill up at KK. KQ and friends to pay cash*
the rally has achieved it's objective,do not underate Kk we will be back,so far the sellers look speculative and can't be taken seriously
I am a net buyer. I prefer to buy KK at 12 rather than 15. My "forecast" is 18-20 by Dec 2018 as the PROFITS increase to justify a higher price.
Unlikely this thing is going back to 12. Looks like there is quite a bit of demand at 14.
I agree. I meant that as a "buyer" I wish it would.
The dilemma I face is that my portfolio is "complete" i.e. I have [carefully] concentrated my holdings in (primarily) 4 firms. It's also diversified with Banking/Finance, Insurance, Food and Fuel. There's also tourism, tea and engineering/property. My access to "cash" is limited so I have to move funds within the portfolio. That is costly with high transaction costs. Plus, there is no compelling reason to sell any of the other 3 to buy the 1.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett