Well I work for Asciano and I bought just over $100000worth of...

Well I work for Asciano and I bought just over $100000
worth of the stock at $1.57 yesterday.
This was based on the fact that the debt seems to be manageable these days but more so because of the holding that three major banks have in the company. These banks do not buy into companies that have little growth prospects.

I also believe that the new CEO will soon be making moves within the company based on the current review of all divisions. I have a gut feeling that the company will be a very attractive prospect in the coming years.

I like the look of of Pacific National these days particularly in the coal haulage section...In my opinion the opportunity for expansion in this area is massive.
The coal demand I believe will be solid for at least the next 10 years.
Any positive news no matter how slight should drive the share price up steadily from the bargain price that it as now.

I'd like to see the Ports improve their volume but at least the union problem is alleviated for the time being.
Anyway the above is my opinion only and as always it is wise to DYOR.

One thing is for sure I've put my money where my mouth is and hoping that $1.57 was a good entry price.

Cheers to holders