tag:blogger.com,1999:blog-6587699706949333863.post6262740757454543519..comments2024-03-27T23:39:33.499-05:00Comments on Passive Income Pursuit: Proctor & Gamble Dividend Stock AnalysisPassive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6587699706949333863.post-56612169788109033432013-04-20T12:28:39.221-05:002013-04-20T12:28:39.221-05:00DGM,
I should have been adding before but just n...DGM, <br /><br />I should have been adding before but just never did. I got wrapped up in looking for other stocks when there was a perfectly good value proposition staring me in the face. I didn't want to average up my cost basis and I think that was part of the reason that I didn't purchase more shares. Live and learn and I won't make that mistake again. If it gets down to the low $70's I'll be seriously considering adding to my position but not too heavily, I'd want to see the mid-$60's before backing up the truck.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-19393558387036091652013-04-19T17:03:36.886-05:002013-04-19T17:03:36.886-05:00Nice analysis. I agree that PG is slightly overval...Nice analysis. I agree that PG is slightly overvalued right now. I'm satisfied with the size of my position, so I will just continue to hold. The price would have to drop to below $70 before I would give serious consideration to buying more shares.Dividend Growth Machinehttps://www.blogger.com/profile/13304571550687216360noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-46605355555986690522013-04-19T09:22:59.028-05:002013-04-19T09:22:59.028-05:00Dividend Guy,
No kidding! The price is way too ...Dividend Guy, <br /><br />No kidding! The price is way too high for my liking right now. I can't believe I didn't pick up PG and JNJ last year, but live and learn. I won't make that mistake again.<br /><br />I'll gladly take a 20% haircut but that could be a while. We might have to settle for 10%, although who knows when that will happen too.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-73960442396485848422013-04-19T09:13:49.607-05:002013-04-19T09:13:49.607-05:00Integrator,
I'm in the same boat as you. Th...Integrator, <br /><br />I'm in the same boat as you. The value just isn't there and there's no room for error at current prices. I'll gladly put capital to work elsewhere for now and just wait for the chance when PG becomes better priced.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-77715240789916702052013-04-19T09:04:55.935-05:002013-04-19T09:04:55.935-05:00MyFIJ,
Unfortunately it's on the overvalued ...MyFIJ, <br /><br />Unfortunately it's on the overvalued side because I'd love to get some more exposure to PG. I knew this was going to be the case going into the analysis, but I needed to revisit and figure out my valuation ranges and prices targets in case there's a drop. <br /><br />That's funny that your analysis on PG will be coming out on Monday. It's always great to get some confirmation on my analyses, at least I'm not the only one thinking that way. I remember about 2-3 weeks ago you and Dividend Growth Stock Investing had an analysis on LO released on the same day.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-57810272492368371752013-04-19T04:25:49.853-05:002013-04-19T04:25:49.853-05:00I agree with you; love the company, dislike the pr...I agree with you; love the company, dislike the price it's been traded at ;-)<br /><br />I guess PG is also getting a premium due to its business model and dividend payout stability in such a volatile market. I've seen a similar situation with Coca-Cola recently (I own shares of KO). <br /><br />I would definitely wait to buy PG but I'm afraid the stock won't drop by 20%...The Dividend Guy Bloghttp://www.thedividendguyblog.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-79441109441360690912013-04-18T21:38:24.360-05:002013-04-18T21:38:24.360-05:00I love this business, but not at this price and ef...I love this business, but not at this price and effective yield. I'd rather deploy my capital elsewhere for the moment. I agree with your conclusion of overvaluationIntegratorhttp://financiallyintegrated.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-37350283608749030402013-04-18T20:10:59.897-05:002013-04-18T20:10:59.897-05:00Like you, I feel that PG is on the overvalued side...Like you, I feel that PG is on the overvalued side. I wish I would have invested in it earlier too. But a man only has so much capital. Incidentally, my PG analysis is supposed to go live on Monday and basically agrees with yours.<br /><br />Thanks for this analysis!My Financial Independence Journeyhttp://www.myfijourney.comnoreply@blogger.com