I've been buying MCW. Who could stuff up supermarkets? Everybodies got to eat. The main reason for share price weakness is the need for large existing shareholders to exit and liquidate to cover more disasterous positions/redemptions elsewhere. Until I hear of a huge downgrade on the dividend I am happy to accumulate sub 30 cents. It is true that some trusts are beyond survival. I wouldn't touch CNP, BBI, BBP or VPG for fear of them failing over. In all cases DYOR.
CNP Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held