What is short medium and long. The share has performed opposite to predictions in the past. If Louis and them change maybe this will happen.
Hi Zanme if you are serious about SNH then I suggest you think about the following:
1 - Not so long ago Mattress Firm single handed brought down SNH it was bust. The Chairman thought it was a great investment.
2 - Conforama was a bad dream loss making but debt been hidden.
3 - Australian business was not making much profit
However at that time all above was problems people were prepared to pay over R70 per share and SNH was a big flyer.
Now we have the following:
1 - Mattress firm is again profitable
2 - Poundland doing very well
3- Aussie business turned around
And now we saying the share is with nothing? Can you see how the front wheels are on the back and the back wheels in the front.
I have not even touched on the Pep business.
Can you imagine buying a share today for R1 tat is with R70 think just on the future dividends. For me this SNH issue will be discussed for many years in Economics and Accounting 101 for years.
We need to keep our common sense intact all these issues will take time to solve but the big question is there a good business model?
For me for sure there is nothing compared with PEPCO in Europe and SA.
I think the American electorate has been having Jooster lessons. Hahah