CPL 0.00% 2.2¢ csl finance plc

on radar screen in canada - haywood securities, page-8

  1. 109 Posts.
    Cyclops and Profess,

    Every company has worries over a takeover. It's just a part of business and I don't think it is something to be overly concened with. As investors, it is an associated risk we must deal with.

    However, a buyout really intrigues me. Espeicially if it involves a bidding war. The way I see it, for us to achieve full value for our shares, we would have to wait til production. That's about 3 to 4 years away. If we could get bought out in the next year for half of the assumed full value then i'll take it. I think the mistake most people make as investors is they fall in love with companies. I have been a victim of this. My rule now is love your money, not the company. So if I have to wait 2 or 3 more years to double my money, then I would rather get bought out at half the anticipated full value years early and get into the next possible 10 to 20 bagger. This train of thought may not be for everybody as I usually am quite aggresive with my investments.

    Anyways, the next 6 months sould be very interesting. Looking forward to great rewards.

    JGo


 
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