Warren Buffet was the richest man in the world for quite a period of time.....he said:
"be fearful when others are greedy, and be greedy when others are fearful"! - best advice when it comes to the market!
I took his advice and bought heavily end of 2008 (take a look at TSX chart end of 2008 - lowest low)! Sold in 2009 - my best year ever! 307% increase in equity.
Right now on Credential Direct Analyst Rating for NZ is "4." (out of 5.) "Strong Buy. I'm buying!
Take a look at Tag's six month chart and compare it to NZ - VERY similar. It's market forces not management causing this downturn. NZ is going to be OK - it has a lot going for it!