I've also been watching Milton but not a buyer or holder as yet.
I'm a little concerned about the massive quantity of bank stocks they always have,
every year, in their portfolio, over 30%. too much for me.
whereas ARG have reduced theirs currently to only 19%. AFIC about 23%.
Milton currently trading at NTA.
I'd wait for a discount to NTA.
as shown by graph on their website, Milton share price has
in past years ( especially 2010 - 2012 ) sometimes spent lengthy periods trading
at 5 - 10% discount to NTA.
they reduced their dividends paid in few years after the GFC.
whereas AUI , DUI and WHF ( Whitefield ) never reduced their dividends.
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I've also been watching Milton but not a buyer or holder as yet....
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