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Author Another Jacko     View Profile     Add to favourites     Ignore
Date posted 2017-05-27 18:00
Subject Bought in 
Opinion Strong BUY
Votes for this Posting Voted UP 1 time.
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I bought a few of these the other day after a friend suggested them to me. They look cheap to me and are generating good cash and the divi yield is reasonable.

I would prefer it however if they stopped making acquisitions for a few years and sorted out the balance sheet, it is a bit light on tangible assets which I know is normal for this type of business but look at how Creston sorted out their balance sheet and they eventually got taken out.

Jacko
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