TRS 0.00% $3.25 the reject shop limited

$12 Wednesday, page-40

  1. 4,306 Posts.
    Yep BAL not BML.

    I find the hardest thing is not picking the stock but timing when to get in and when to get out. My average in TRS is about $8.00 but could have been a lot lower. The same applies to SRX. Got in about 10 years ago for $2.00 but got out at $4.00 and thought I was hero. If I stayed for the ride I would now be on a 20 bagger plus dividends. The same applies with CSL - if only!

    I think the next big call to make is when some of the more strategic commodities will turn. Forget Iron Ore and Coal. The over supply will last a decade or more and Coal is dead man walking as far as I am concerned. Zinc must turn soon as well as copper. Assuming the world does not have a GFC I am picking 2016/17 but smarter people than me dont know. I guess the banks, Telstra etc are OK for the long run - but lets be honest they are boring.

    Food does interest me - Costa Group and Murry Goulburn but would like to see a result before jumping on board.

    Anyway if I see anything that is a screaming buy I will let you know.

    Cheers
 
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