TPI 4.29% 73.0¢ transpacific industries group ltd

G'day Watford,I averaged down on TPI twice in 2007 at $13.86 &...

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    G'day Watford,

    I averaged down on TPI twice in 2007 at $13.86 & $11.29 to almost wipe out my initial cash input. Then with the capitulation of the SP, it is now only a very small portion of my portfolio.

    I will top up again when the timing is right, but want to see them clear up their balance sheet first.

    I still think it will recover in time...maybe a very long time, but my portfolio is a work in progress for my kids to inherit in another 15-20 years from now, so it has plenty of time

    I must look at those TPAPA things you are talking about though...I've never strayed away from your standard "3-character" stocks.

    Thanks for your input Watford.
 
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