Logic?, page-99

  1. 905 Posts.
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    Hi Mel,
    This stock has gained alot of interest in Aus. Everyone has different opinions, this is why the stock is being heavily watched.
    I personally have alot of interest in this stock. I always believed in the company and it's fundermentals. I think the cash buring phase with (Sgs including Nihl) is tapering off quite rapidly (ann in Jan will update cashflow)
    While there are some unknows with proposed changes to the law by the Uk gov, I think the dividend should not be paid for the half year. Preservation of Capital should be high on the boards list. If long-term debt can be reduced by 100 mill, Nta would improve to $.82 (hypothetical)
    Imo the calender of events wont be published until Jan ann of cashflow is released. Its no good publishing dividend dates if the board decides not to pay the half year dividend.
    So back to your question. Am I a shorter? Definately not!
    I fully believe in this company from a business view not sp view. A company which has been around for 80 years, with 25% of markert share in Aus and 12% share in Uk. Does this business have pricing power, brand awareness and a growing market share? You bet!
    I wont disclose how much, however I have bought alot of shares. I still have some powder dry but the Jan ann is of high impotance to me.
    If all goes well, I'll fly over to Scotland and hand over a bottle of whiskey to you. Just joking, I'll be drinking it myself and will send a 'cheers mate' your way.
 
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Last
$51.76
Change
0.150(0.29%)
Mkt cap ! $21.06B
Open High Low Value Volume
$51.16 $51.78 $51.03 $13.29M 258.2K

Buyers (Bids)

No. Vol. Price($)
2 449 $51.59
 

Sellers (Offers)

Price($) Vol. No.
$51.84 449 4
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