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wooshaa

2,199 Posts.

181

01/05/23

14:40

Post #: 67545815
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Originally posted by AJ7: ↑

if you can figure out business can survive on its own then it is irrelevant to pick bottom...topping up every 50% down is a good strategy...usually blue chip companies can survive is the down turn eg big banks, old Gold stocks & big miners...techs with moat like MP1, CDA, XRO, ABB, AD8 etc

B4P I am not sure can survive on its own considering mostly BNPL are knocking the doors of admin.

have a look at ELD, dirt cheap with a pathetic report to come on 15th but I am in that stock & may be loading more after the report. CKF, WOW, COL, WES, JBH they ain't going out of business so putting money in them instead of holding on cash usually give 10 to 15 % in 6 months space.

bought BOQ couple of days back & I will next top up at $4.5ish...pretty I am not going to sell this anytime soon...decent divi of 20c..similarly KSL in same banking space.

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Thanks, will digest them up.

Talk about blue chip , that wisetech at all time high with 100x PE ... who dares to short ?

Last edited by wooshaa: 01/05/23
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