its time, page-5

thanks Michael, just trying to balance some of the positives, with some negatives I have thought about, always better to hear others opinions, especially if they are different to your own.

One thing that I didnt mention was that the long term chart looks like it has broken its downtrend, perhaps other more technical proficent posters could have a look, whilst I dont usally use TA some charts stick out, and CEUs sticks out IMO.

I have cashed out of many long held stocks over the last week, as Im looking at preserving my $$$, and not necesarily making money. I dont like holding cash either(as $$$ are just being created), and my thinking was that an asset/road, which would probably cost $4-5billion to replace, would have to be a bargain for half of that amount.

It is probably a bargain, but there are scenarios/outcomes that could bring CEU unstuck IMO, much higher interest rates, traffic numbers stagnating, credit staying tight, pretty obvious I know, but worth considering and pricing in some chance of them happening.

MI I think you should be alright, most of the risk seems to be priced in already, but if the GFC gets ugly again, all bets are off IMO.

I would like to own part of the road, so when I pay my >$5K PA to citilink/CE in tolls, I wouldnt feel so bad about it.

cheers grant