SNC 0.00% 70.3¢ sandon capital investments limited

Mixing bowl, page-91

  1. 579 Posts.
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    I held FWD for a lot of years and got out at the right time. Couple of years later still was interested in them. Saw SNC had a sizeable holding then of 13% FWD, which was above the 10% limit in one stock I like an LIC to have. However I bought SNC at $ 1.02 and now it is the only LIC in the red of the 12 that I hold. Not too keen on the WLD holding either. But SNC has some other good stocks and has profit reserve of about 5 years of very good divs, so I will keep on holding and hopefully watch FWD and WLD come good.
    GLTAH
    Riv
 
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