why is there no love for westfield, page-16

  1. 237 Posts.
    ROEROC. I have the same strategy. I find companies that are bullet proof. They need to be big and have a long history of making profits and paying divvies. When they get over sold I buy, if they go lower I buy more. Of course you dont know at what stage they are oversold so I buy all the way to the bottom. The comany must have low debt to asset ratio. This strategy seriously backfires if you pick a compoany that goes bust. So does CSL but divvy is too small and PE too high.....but did um and arr about it. But anyway back to WDC. Low debt/asset ratio. Long history. 5% divvy very reliable (70-75% payout ratio). I am hoping wall street sags tonight and then i am in on monday.

    Have you looked at QBE. They are in similiar financial health and long history of good divvies.

    What other companies you got.
 
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