Ann: Taggart Global Preferred Contractor for US$2, page-6

re: Ann: Taggart Global Preferred Contractor ... That they didn't pay for Taggart with cash can only mean they are confident of getting a better return for it elsewhere. Let's face it, money is super cheap, so why not invest now and purchase assets that are also on sale.

Personally I'll be happy if the end of year dividend only creeps up to 16-18 cents and they either do a substantial buyback or make another strategic acquisition at a Taggart like price. (At that price they could make two).

My faith in this business is regenerating after questioning the several opportunities I've let pass to sell out at a good profit. Current price doesn't offer that but they are doing everything right, apart from being in the sector with the most negative sentiment, and that's all they can do.

Fundamentally everything looks great. Just need a good dose of clear blue sky and we should be in the money.