hi PViews. It is easy to explain FKP. Reason is PortfolioPlus has done alot of indepth research on FKP. I have research FKP as well as LLP & both to me stack up very well post 2010 plus. It is well worth reading PP previous posts in FKP. I believe FKP has a more mature DMF model & are more diverse which I like. Plus they have SGP on their register & Mulpha as well. I look forward to an annuity style income in future yrs from both. Provided SGP & Mulpha don't take it over before then. And don't worry about it going to 40c level. What JID says in FKP post is I believe spot on. I currently have 80,000 FKP & intend to subscribe to the full 184,000 FKP SPP due by next Friday & will not leave any for the underwriters to pick up.
Westpac broking have a value of .75ents as an Instrinsic value (not sure how to spell instrinsic) This is a base case value. Hence it is hard to see much downside to FKP or LLP at theie levels.
Therefore in my opinion, after months & months of reading up on LLP & FKP, I believe at todays prices, they are both exellent value & I have them both in my portfolio as overbought rather than underbought. I see little if any downwards value for both hereon.
ps This is not advice, just my opinion,
regards Freespins
LLP Price at posting:
9.1¢ Sentiment: LT Buy Disclosure: Held
