investment method, page-7

Lionel, I wouldn't want yourself and any reader of this forum to get the idea I claim to have some great investment strategy, but I do think the following has helped me identify potential profit making entities:-

a) without the financial industry NOTHING works (for any doubters just consider what has happened with reecnt times)
b) without basic resources, NO ONE can make anything that adds value to someones elses life, and
c) ALL human life needs WARMTH, so I took on the energy potential of CXY, FOOD used to have a lot of WOW but got bored with the sideways moving of that stock so currently looking for a new "five year" retail play, and SHELTER, so I also own Aussie and European property as part of my portfolio.

So why TNC? Absolute speculation . . . as I can't see the Directors putting so much of their own money into the Company if it was a certain dud.

I also keep a wethered eye on short term punts. So anything that seems to go through a precipitous fall gets a look at, cos careful buying almost always give a twenty per cent plus bounce. But you've also got to be wrong on a two out of ten occasions. Those hurt no less over time!

My CXY purchases have been over a long time and I will sit on them until they start paying some very healthy dividends for my retirement. yes, I'm confident with CXY, very confident.