ASH 2.00% 25.5¢ ashley services group limited

Like you I bought in before the Govt pulled the rug out from...

  1. 1,918 Posts.
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    Like you I bought in before the Govt pulled the rug out from under their feet. I also got back in when I could see the turnaround commencing and now I am about line ball. I think that once Covid 19 is behind us (and I am not going to make any prediction about that) ASH will begin to make some good ground. I am not completely in agreement with Hectorplains about the current situation. I think the turnaround started some time ago and although there is much to be achieved here it is now more like a growth story. Without Shrimptons personal financial backing after the Govt shutdown I do not think we would be posting about anything - they would have probably liquidated. However I agree with the sentiments in Hectorplains last paragraph - IMO it is a great yield investment with prospects of capital appreciation.
 
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