While looking at a lot of media releases and hearing what commentators have to say about the future of the stock market and business in general one thing is very clear, they all talk of the fact that business as we once knew it will not thrive as it did over the previous few years through the bull market. At least not for a long while as companies are afraid of debt, and as we all know that was the big "unwinding" of many over exposed businesses.
My 'thought' is that the way any of us could ever make really good money the same way as once before is to invest heavily in the emerging and future companies that will in turn take us out of this mess and probably create a new bull market once again (albeit years from now).
For me UNI and a couple of others I own (UNI far outweighing them) fit this bill quite well. I know I have mentioned this before regarding the fact that I would rather own a stock that is posting future growth of earnings compared to downgrading of them, but I can't get over the fact that everywhere you look these people are saying that once we recover from all this, don't expect that your stocks (blue chips) will rise as they once did because they are going to be caught in a defensive pattern not a growth pattern.
I know I open myself up for some ridicule here but I really don't care too much about that as I believe that my thoughts will eventually pay great dividends to myself and my family. I can't see a lot of our stocks (asx) coming out with guidance that they will be increasing sales by over 20% this year, but I do know that UNI will be continually announcing that Sanofi has taken delivery of ever increasing volumes year on year from 2010 on. These are just my thoughts and I do realise that any successful emerging has done well, but I believe that the focus will be a lot heavier through these times on such companies.
Happy and safe break to all. Wow UNI at 30c with increased volume, thanks for the good feelings for the break MR MARKET!!!
UNI Price at posting:
30.0¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)