just thought i would let everyone know that it is a no brainer to invest in ARG at these levels. The stock is trading below NTA and markets are bearish. When the tide turns it is stocks like ARG that ensure you dont have to be a stock picker as they have been there and done it all before an managage a great long term port folio for shareholders.
at $5.40 i think people will look back on this one in 5 years time and think i could have should have would have bought more....
if you are no good at picking stocks these a great way to get exposure to the market in an asset which is currently trading below what its worth.
i expect ARG to outperfom the asx 200 in the long term like it has done in the past and will continue to do so.
good luck.
20% growth in profits also announced today.
dividends will growth... no brainer.
no luck required here.
ARG Price at posting:
$5.43 Sentiment: None Disclosure: Held
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