boring business, little to no organic growth, covid, low returns on funds held are all good points
but 5% defensive yield that should be ok with inflation deflation or stagflation for a small part of an income portfolio seems ok value. I’m in at $10 for 2% of income portfolio & haven’t a high conviction or expectations other than diversifying yield.
Hotcopper is used as a tool for some people to push an agenda rather than genuine opinions & when most posts are by non holders on a boring stock it makes me wonder why do they even bother? I know I wouldn’t have looked at this thread if I had no interest in it, how many stocks that you don’t like are you watching?
boring business, little to no organic growth, covid, low returns...
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