You have misunderstood my whole post choosing to focus on a slice of it. I myself am an investor in the company since 2021 and don’t intend to sell it (although booked some profit today).
None of what I wrote should be construed as a bear or bull commentary about the stock.
I was just responding to a query on the valuation of the stock positing that valuations at current level can be seen as stretched or comfortable depending on how one see the future unfolding, giving a P10 and P90 scenario.
Reason I considered 5 year time horizon is because in my view it’s sufficiently long holding period for an average investor in which they would like to make decent returns. But it doesn’t mean that I’m implying that company would survive for only 5 years.
The same data points, gleaned from management commentary, can be extrapolated, by investors, to 10, 15, 20 years time horizon to base their investment case on.
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