The agenda is for his company buyback shares cheaper to enrich his stake and execute a terrific turnaround when the market revives prob in 3 years time. Value investing is all about counter short run distresses, Australia is suitable for life long living, average income on the rise on back of the Emerging nations, land supply in major cities are scarce, maybe not that scarce in the golf community but with PB less than half and little debt, I am happy to own hard assets at 50% disc. The key point is little debt.
SDG Price at posting:
62.0¢ Sentiment: None Disclosure: Held
