CDD 1.28% 39.5¢ cardno limited

Ann: Preliminary Final Report-CDD.AX, page-13

  1. 2,251 Posts.
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    Jim I can't give advice. I only post things for people to talk me out of them.
    People who come from Graham and Doddsville don't think like normal people - each one has a completely different portfolio but all with the same much misunderstood philosophy.
    https://www.google.co.nz/url?sa=t&s...GD5bBxZYhYBGBiJgQ&sig2=NjLKoIaWrNBULmtiiMRTBg
    I may have a few things that I picked but you should choose your own, otherwise I just become your new Andrew Grech. Trust yourself and your own judgement.
    There's no easy way.
    I said to you earlier that you should read the intelligent investor. It's essential.
    If it really makes sense to you then gradually work up. You can't be half an investor - enthusiasm is super dangerous.
    I think slowing down to reflect is really useful.
    That said I have 126,000 CDD at $0.71, 24,000 STO at $4.4, 5000 SNC at $0.81 and 120,000 CAV at 0.65 on the NZX together with legacy holdings.
    STO has a lot of debt and needs the price of oil to rise to $60-$70 before it comes right. Like most things I invest in the shareprice is a real rollercoaster so you need a strong stomach.
    Please Do Your Own Research. Trust no -one especially those with "expert hats".
    I still have a lot to learn that's for sure - I am not responsible for anyone else's decisions.
    Last edited by croasian: 05/09/16
 
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