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clock Created with Sketch. 30/08/20
07:41
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Originally posted by spider5:
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Anything I give is based only on you doing your own due diligence and I have to say at the moment it is hard to pick stocks which are resilient against either market sentiment or Covid 19 effects. However I would suggest a good look at FID, JYC, ACF and KSL. All of them have had SP depressed due to Covid19 or in some cases a history which still lingers with them despite their improved situations even over this current debacle. However none of them will be resilient against another downturn like we had on March 23rd. Even DDR and PTB were hammered and you had to have the conviction to hold or even buy at their lows. That I did with DDR and sold off my surplus back to my core holding after the last dividend payment for quite a tidy profit. It really is a case of having the nerve to back your assessment. I also hold TWD and ANO which on face value will look shaky - but with those two you will need to thoroughly read through their history and check the management credentials and abilities carefully. There is a very young CEO cum CFO involved with one and both have one particular director who has historically looked after his holders through thick and thin. There are posters on Hot Copper which know these companies well and if you can pick them they hold the key to the underlying potential. Please do your own research well - I do not claim to be a guru - just been in it for a long while and worked in the finance industry - and I make mistakes.
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Thanks for the response. Understand what you are saying re dyor. Was more just looking for ideas given we seem to follow a similar style. Will be having a look at a few of those!
