re: Ann: Appointment of Transport and Infrast... Hi Mahoney,
The king is not a saviour, although he is involved.
1 pixel, 2 pixels, 3 pixels... then you have a display panel.
1 brick, 2 bricks, 3 bricks... then you have a wall.
The brick layer cannot lay the brick with out the guy who made the brick, who cannot make the brick with out the guy who dug up the clay to make the brick......and all the guys in between. Lots of people work to make that wall.
It all starts some where, some one talks to some one else.
You cannot blame them for trying, can you.
The "good doctor" is one brick in the wall.
Nothing has panned out as planned, are you referring to the time line of events or actual results?
KFE is 66% off it's high, a large % of resource stocks are more than 66% off.
Attached grab from MOTLEY Fool's news letter.
Prunty’s particular focus is on small caps stocks, because, as he puts it: “Large caps in Australia are a very concentrated and highly picked-over market.”
You don’t have to tell us twice! For months, we’ve been calling out the run-up and heady valuations among the ASX’s largest companies...
Of course, Prunty has been watching this run-up closely too, and said that the part that intrigues him most is “the dispersion (that is, massive difference) between the most expensive quartile in the market and the cheapest.”
In plain English: While many large cap blue chips are highly expensive, the cheapest stocks are dirt cheap... Which could spell big opportunity for investors like you and me. But you have to know which companies to buy.
Mining Services and Resources stocks are plain cheap
“Right now, quality small-cap industrials are just as expensive as their large-cap counterparts,” he went on to say, “but mining services and resources are as cheap as they’ve ever been...”
“The last thing I’d go and do now is buy the market, or index. Right now, it’s a good environment for stock pickers.”
Mahony, you pick yours and I will pick mine. (That sounds terrible)
Thanks for your input, MeTo.
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