MCW 0.85% 58.5¢ macquarie countrywide trust

PAG suffers as soft commodities prices hit rock bottom this...

  1. 474 Posts.
    PAG suffers as soft commodities prices hit rock bottom this year... they overplant this year thinking the prices could be sustained...

    anyway... we will see them start to pay dividend from end of next year, if not, 2010...

    I have contacts with farmers all over the country... arable lands becoming so scarce and sooner or later prices will shoot up more than u can imagine... PAG will stand very well to gain from it.

    why buy now while soft commodities is still going down? remember the market is always one step ahead... all farmers i know is buying now (tips tips!)

    IPL, love it! made me a fortune this year... sold them when they were 188, gains of 120% in one year...

    they sort of monopolising fertiliser market in this country... after the recent capital raising, im confident for them in the long term... they definitely in my list of 'buy'

    for energy, no doubt i still hold on of my fav, WPL...

    still i prefer resources than energy, why?
    chinese are smart... words are that they r playing a waiting game right now... soon enough when the market turns, u will see their true appetite, bargains will be snapped up before u know it!
 
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