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Kennedy-Wilson Holdings, Inc. Message Board

thorntttt 1 post  |  Last Activity: Sep 21, 2015 5:47 PM Member since: Nov 16, 2006
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  • thorntttt thorntttt Sep 21, 2015 5:47 PM Flag

    very good company with an excellent financial strength and selling into an expanding long term market. Only problem is that right now part of that market is slowing down-China, and the remaining sales overseas are causing a currency translation loss. And the stock has been heading down so that means those who follow relatively strength are selling along. And then there will be tax selling at year end and also institutional portfolio shuffles. Why keep a stock at year end which has been going down when you can replace it with something else with equal upside? If it is there at year end then there will be questions on why they are holding that loser...Sounds silly but I can assure you that it is the game many of them play.
    The company would seem to be a good play on low natural gas prices as that is the market into which they sell and the lower natural gas goes the more it will be used...

    Stock price is a great example why logic does not always work in the market. I own a little for my kids but took a quick small loss...twice...on the way down. Will revisit this nearer year end.

26.10-0.14(-0.53%)Nov 30 4:05 PMEST