interest building in this undervalued stock, page-8

thanks Clyde,

CEU and BNB are my 2 most favoured stocks at the moment.

when BNB was hovering around $30 i always used to say if only i had of brougth it when it was cheaper!!!

this is one of those once in a every few years chance where you can buy quality dirt cheap. BNB in my opinion is even better value than CEU, however CEU is the safer bet at the moment because of the discount and the type of business it has.

If you picked up the 100,000 $1.31 or even $1.30 today you will get a div of $0.105 pa fixed for the next few years, thats a yield of around 8% that is also 100% tax deferred. ps take the divs as DRP as you also get a 5% discount (more money for jam).

you cant ask for much more, good income and capital growth prospects.

I also like NAB, ANZ, SUN and MQG in the mid $50's. again these are stocks that you buy and dont look at and in a few years you will make good money, even BBI as a yield play is also good.

i have to say that the way the market is now sort of trading sideways worries me a little, if we dont bust through 6000 pts on the ASX200 i think we will get a pull back. i dont think the pull back is going to be low 5000's but it wouldnt surprise me to see it at 5500ish.

with CEU we now know it will be open for business by the end of June with tolls to start in August. the first few months will be crucial, if we get good traffic numbers this stock will be over $2.

i dont know how many times i have tipped $2 by the end of the year but im sticking with it.