one (1) must have stock for 2012, page-156

Also amazing how many posters are now suspended!

Probably the wrong thread, but my 'safe' pick for 2013 would be Supply Networks (SNL), a supplier of truck and bus spare parts across Australia and New Zealand.

Top 20 hold around 80 percent of the stock, so, if the market takes a shine to it, stock could be hard to get.

ROE about 26 percent and increasing.
Inventory turnover is 2.6 and increasing.
Interest cover is 20 times, and steady on last year, but significantly higher than 2008 to 2010
Gearing is 18 percent and falling
Dividend is around 5 percent FF
PE around 12

Boring, boring, boring stock, that, a bit like Reece (another tightly held stock), hardly engages the market, but just quietly goes about it's business.

Only bought in today, but been watching it for a while.