Australian (ASX) Stock Market Forum

Reply to thread

I agree. Chart looks quite ok but I am considering trimming. I estimate it's become overvalued again. Currently my biggest holding. Too overweight intuitively. I hate selling down a great company that becomes wildly overvalued but if I don't I will have to deplete an already inadequate cash weighting in order to take advantage of the inevitable correction. Been buying too many stocks lately. Never know when the big axe drops. Last time I started trimming CDA because of a valuation concern it went on to fricken double, lol.

It's good but it is not worth a PE= 33, Price/Book Value = 6


Held

Trading stance


Top