COL 0.12% $17.37 coles group limited.

News: COL Australian grocers win analyst upgrades on coronavirus stockpiling, home cooking, page-37

  1. 530 Posts.
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    Thanks Adam, appreciate your comments. I have been looking carefully at debt as well, my problem seems to be that the very good quality, defensives with low debt are all very expensive (still). COL, CSL, RMD, COH, ALU etc all seem to be pretty richly valued and I have just sold COL recently to redeploy the capital. Curious to hear your thoughts on this and what type of companies you think are low on debt and reasonable relative value.

    For what it's worth I have been staying away from banks and the types of stocks mentioned above. I feel there is value in companies that have hard assets, but so many of these are carrying substantial debt as well - it is a conumdrum. In this group I would place companies like: ALX, AIA, SYD, RHC, CWN, SGR, SCG and AMC. Unfortunately I think the positions I had in WEB and FLT are going to near zero or zero, which has been the most painful part of this whole exercise for me.
 
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