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  1. DSD
    15,758 Posts.
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    Thankyou Mr Wallace!! I get a boost from hearing others have done well!! 90c....hmmm those were the days! I am using same formulae in wait of next collapse. Keep a watchlist of only the absolute cream. Must have good margins, plenty wk booked-in, and strong operating cashflow and low/zero debt.

    What will ASL do with theur cash? I hope they slow expansion, concentrate on what they have and increase divs.

    Re yr stake in ASL. My 'unrequested advice'. Cash in half about now. Don't wait for div if you can get say $3.42. Yr CGT will be minmal compared with too much exposure in a possible mkt crash of 20+%.
 
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