AGM australian governance & ethical index fund

valuation based on 10000tpa, page-7

  1. 3,445 Posts.
    Actually Ghosta you don't have to do any research for me. Personally I dislike posters making inaccurate comparisons to stocks that I hold as I find it deceptive.

    To actually post some accurate information. CBH are not debt ridden they actually have 50 million in the bank and will get a 30 million silver payment in the near future.

    They will not pay a dividend this year as they have four likely new mines coming on board in the next 3 years (2 in construction).

    Saying CBH is in a decline since Dec '06 is the same as saying AGM is in a decline since Feb '06. Both are well up over 1 year and both I am holding for the long term.

    In a couple of years I anticipate they will have 5 operating mines covering primarily zinc and lead, plus gold, copper and silver. Diversified miners have higher pe's than single commodity stocks. There current mine is currently highly profitable so i'm not really sure why the companies a dog. There profits down the track will I anticipate be far higher than AGM based on the above.

    Of course I like AGM is as well just dislike comparisons between stock with limited basis in fact.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.