Best blue chip stock in the market - why?
1. Simple fee business
2. No bad debts
3. Volumes increasing around 15% pa
4. Excellent yield expect 24c ff
5. Threat of TLS sale now off
6. Takeover target for a PPT, ASX etc
7. Monopoly position.
SFE and PPT have been by my only 2 blueys and at 460 they were an absolute gift - they are on their way back to $5.
