As a few commentators have noticed there has been a shift from...

As a few commentators have noticed there has been a shift from quality to junk lately, i.e., people and funds have looked for share price growth is stocks that previously have not moved much (because they are...junk). AGI closed at 4.25 the day before it upgraded its profit forecast for HI 13/14 from yoy profit increase of 15% to 40%, in other words a massive upgrade. Share price closed at 4.24 yesterday. Good thing of course is that risk, always present in investing, is dropping very fast in AGI when the share price is going nowhere and profits rise rapidly and have been doing so for 10 consecutive half-year periods. In essence patience share holders as it is a good thing that risk is dropping fast at a steady share price in holding a share in this company while it is rising in already very high risk companies with poor track records. Based on announcements over the last years it is unlikely that profit growth for H1 13/14 (yoy) will top out at 40%. I expect that when the dust has settled in February it will turn out to be in excess of 50% and followed by an equally strong 14/15. This company has over the last five years, without a glitch, been a profit-increasing powerhouse.