re: bcl - spec recommendation by abn ambro
To tell ya the truth, NO I never go on brokers recommendations but sometimes (very rarely LOL) they do get it right and I believe this time ABN will and not just because I own it as well.
All BCL's fundamentals point it to being an extremely good buy at current levels.......PE of 6, $19mil Cash at Bank, Profit of $17mil last financial year, No Debt & About to announce a maiden divy for shareholders!!!
Definatey 1 of the best buys on the market imho.
What I also find interesting is your comment. Shaw stockbroking recommended NAL 'A FEW MONTHS' ago at $1.25 and look at it now! I ask you this question.......'After the recommendation did NAL actually go up'??? I believe it did and had you followed that tip and sold out near the high, I'm sure you would of made good money!!!
