Hi Omg,
I guess we all evolve differently, I'm value based at heart, always looking for good businesses that' are undervalued. But just being undervalued is not enough, I need to see a catalyst for upside, I'm happy to do the research that my job this is my living. I can then sit and hold for whatever the %pa return is for the select stock or trade multiple times for an increased return.
60% of my business is in high volume asx top 100 stocks, I don't know what WPL or NAB have returned on an annuall basis but I know I've neted 30+% on both. Near zero risk
20% I might play by the quater at the moment AAX is one I like, I hope to be out before mid feb selling to the yield very low risk
20% more active plays like Ccu, some risk with strong upside, can occasionally take advantage of gaping on low volume,
All good companies and happy to own a piece, I just want more than an annualised return, from time to time I get burnt. Today I missed 25k on CCU didn't toast me but I didn't like it.
If you think that doing the research and cma work is a waste of time, fare enough I guess
- Forums
- ASX - By Stock
- CCU
- possible take-over
possible take-over, page-29
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)