ACF 0.47% $1.08 acrow limited

News: ACF Acrow Formwork And Construction Confirms It Is In Talks With Uni-Span, page-43

  1. 574 Posts.
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    Merci vielmals Index Investor.
    I trust your investment strategy is as your name bears.
    As investing regular amounts into a Vanguard type index fund over past couple of decades would have proven a great wealth builder.

    Stock picking is a tough game.
    80% of all IPOs over the past 12 months are burning $$$ & most have little realistic plan to profitability.

    Personally , Right now ,only investing in enterprises, which have cash earnings , with little or no debt & have a better than even money chance of growth.
    ACF , even though relatively illiquid as a micro cap fits the bill nicely...its a defensive enterprise. provided management can execute
    Not to forget Holders are being paid a pre tax circa 7.5 % divvy to hold on. (2c p/s correct?)
    Against getting a couple of peanuts ( less than 100 basis points ?) on fixed interest in Aust.
    Deposit rates here in CH on business accounts are negative & on private just a few basis points above zero.



    It can't be too far away before some major infrastructure approved Fed / State govt building projects get the start button pushed.
    One would assume ACF will win a little piece of that pie , which is all that's required to stimulate earnings.

    Just quietly accumulating...nibbling away.
    Risk v Reward with Acrow from this point is in favour of the former.

    But patience required.

    Lets see what washes out.

    Best ,

    SG:



 
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