I said on Aug 17th this will hit 65 when the market crashed and it did exactly this today - It hit 65 before it recovers to 69 - there is still a risk to test 65 again unles fed clearly says they won't hike interest rate this year
yes - i do not see any catalyst until oct if numbers are not bad - if bad, then for get t....it will go down. I think the div is good here but te issue is what you earn in div in a year you loose in value within a week...
if market crashes, this will be low 60 and high 50 - it went down from 93.5 to 74 (20 pointS) in 8 months while market is near record high - imagine if it crashes....worst investment ever
we make a new low every week. see my earlier posts, I said, if this breaks 77.5, it will hit 70 - our next stop is 70 and if market crashes, we will
read my older posts - i said that if it breaks down 77.5 , it will go to 70 and I am afraid we are going there now - it broke all supports - and remember, it is going to 70 while dow is nar record high - imagine what will happen when the dow crashes???????? 65 is next support....read my old posts, i said this is bad investment...when market goes up, it goes down and when the market goes down it even goes muh much lower....you loose both ways
does the 40% drop is calculated after eliminating coty scope? while I do not like the performance of the company, I do not get the 40% drop in profit?
this is hopeless for a year or so - when the peers go down, it goes down even more and when they go up it still goes down....technically broken, no fundmentals and very much hated - why would anyone invest in this stock ? see Clorox? KMB? etc
This is hopeless for the next 6 months unless new news come - CLX went up 3 dollars, CL and KMB are up...GM is up - all defensive stock similar to PG are up except PG - this tells that no hope to recover soon - this is a broken stock whether we like it or not
what long view you are talking about? aren't 8 years long enough to be called long view? we have been waiting fo more than 8 years but no improvement
which dip? it has all been dips last 8 years - what you earn in one year you loose in a month...this has been range bound - you can trade but we are investors, we want steady growth which have not been the case with P&G
even with the 3 hair cut yesterday, it is still struggling today ...it seems that 77.7 will be the new resistance now - this may go down to 60 if market crashes - we already went down from 93.5 to 77.2 in 7 months (17%) and you call this a defensive stock? i am getting more risk than any high growth stock like FB or PCLN without getting any potential benefits.....
High P/E, flat to negative growth while all peers are booking 4 to 6 % volume growth (KMB, CLX, etc) under same challenging environment. The issue is not industry wide, it is specific to P&G. Why would anyone buy it after yesterday's call? why not buy pharma or biomedical or technology who will keep booking 15% growth for next 5 years....can one explain to me?
It is true that it pays dividends, but the miss on potential capital appreciation (versus S&P) last 5 years is much much more than what we got in dividends. For example, yesterday, the stock went down 3 dollars, more than the dividends paid in whole year. And we are not pushing for short term results, the company has been struggling for the past 7 years - we have been waiting for the long term results for the past 5 years and we got nothing!!!! all what we got is flat growth at best - read what P&G has promised in 2010, 2011, 2012, 2013 - it is all the same, we are doing this and we will do that and we are sure this will be good long term...what long term means? in 30 years? when I am too old to enjoy the money??????
why do u think this will look better in Oct? do u think they will revise forecast up in Oct? this is so low while market has been up last 3 years, what will happen to it if market crashes?
Thanks - very nice post. indeed, P&G has lost sight of what matters - it has been in contradicting strategies lat 15 years - acquire high margin beauty and then opps, divest them. The question is: where do you see the company 3 years from now? should we sell? I lost patience - we missed the uptrend of S&P last 5 years due to monetory easing - should we have more patient to wait? I listen to the earnings conference - it is all about we WILL do, We WILL do - trust us!! but no outcome....your perspective?