I like the look of VEE (Again)
I have bought back into VEE. After having a look at them again I believe there is value in their share price of $0.51. I am looking at this investment from a minimum 2-4 year time frame. A few years ago the market got carried away and they where trading round $2.00 per share. Having bought them in 2023 at $0.57 per share and selling then at $1.40 in late 2024. As I was saving to buy a house and they were close to my $1.50 valuation and had come off their peak of $1.90. I still have a $1.50 valuation and believe the market has over sold them. Just like it over bought them in 2024.
I will provide more detail round my thinking shortly, but I will be waiting for their annual report to be released on 27th August before I do a full report on them and potentially buy more shares. You can read my past research and thoughts on VEE HERE.
Current Holdings
Disclaimer: Rational Share Investing With Ratios does not hold an AFSL and information on this site should not be considered financial advice, personal or general, and represents the views of the author.
Reference to specific securities (if any) is included for the purpose of illustration only and should not be construed as a recommendation to buy or sell the same. All securities mentioned herein may or may not form part of my holdings at a certain point in time, and the holdings may change over time.
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