my views on vba

Well a lot of my funds are tied up, no more buying OR selling in my 2 holdings, cnp and vba.

This is a long term investment, needs to do a few things before it can hit the $1 mark for good, but for now, things aren't looking too bad.

1. The oil prices have fallen a fair bit, and will take a little while to show in the sp. As we all hope, it continues to fall, I am pretty happy with it at being $100 at the moment, since vba expected $110/barrel(?)

2. The drop of $AU is actually good(?), since it may discourage people from travelling overseas and travel domestic instead(?)

3. V-Australia, very important and will have a big impact if all goes well early next year. If it goes smoothly, they "WILL" expand and travel to other places, slowly but surely.

4. It is a good time to buy, near its all time low, although I would rather buy at the low 50's if I was to enter.

5. Goes back to the number 1, they have increased their fare prices due to fuel cost, but they haven't (afaik) dropped them since the oil has dropped. Just like some restaurants and goods/services that increased during the fuel prices, but has not dropped.

6. Commsecc has recommendation on buy, although generally speaking, it doesn't mean s**t all.

7. TOLL has sold most of their holdings.

As usual, I don't know what I am talking about.