VituVingiSana wrote:@Aguy - Realistically speaking, can EABL drop to 150 based on current earnings? If yes, then I agree it is a BUY by all means! I doubt it. EABL has sold CGI to help pay down debt. The closure of 2nd generation breweries and trouble that Keroche had with KRA will help EABL.
I like the prices you recommend getting in for your picks but that seems impossible at the moment BUT I shall watch them! Hopefully, what I want to sell will maintain its price!
Williamson - They should benefit from more tea thanks to the El Nino rains. For some reason tea prices are also increasing.
http://www.businessdaily...-/13l82kqz/-/index.html Perhaps a temporary phenomenon before the tea floods in!
Yeah the prices are very mean and strict despite loosening up with p/e's of 10 for eabl, saf and BAT and can only pop up in a true bear market. They are prices once locked in one just closes his eyes on the share prices and now just concentrate on the companies performance over the years.
The investor's chief problem - and even his worst enemy - is likely to be himself