FMG 1.67% $19.49 fortescue ltd

Next dividend likely to be a good one then the one after that...

  1. 4,045 Posts.
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    Next dividend likely to be a good one then the one after that maybe $1.
    Still I am happy and content with all my dividends.

    I see crashes as a good thing. Best time to buy in my view.
    My sentiment is hold. If buying more FMG wait a bit longer although it is very cheap now.

    I see a big stimulus package coming sooner or later from China and other countries.
    No one ever wants to go into a recession. Big spending programs stop that.

    BHP, RIO and FMG will both rocket upwards on their annual reporting season and for us that is August 28.
    BHP and RIO I think do theirs earlier which will have a flow n effect to us as well as FMG will have a flow on effect
    to BHP and RIO too.

    Most of us been around long enough to see the ebs and flows of FMG.
    Its not nice watching it free fall but think of it as a buy time which bargain hunters will
    soon pile back in. Everyone will want that dividend and a sit is now that might be over 14% yield
    come August 28.


 
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$19.49
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$19.06 $19.51 $18.92 $114.2M 5.891M

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1 1000 $19.48
 

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