Ann: Change in substantial holding, page-11

Thanks Mina for sharing, yeah the ALL thread can feel like you are talking to a fairly small audience most of the time. I find that on most of the larger cap stocks I follow (BSL, CSL, MQG, RIO, WPL, etc) you might be lucky to get a post a day. Most of the conversations seem to be in the mid / smaller cap space or the hot stock of the moment. 

But going back to ALL, we are roughly back to support going back to October 2017. I originally had a trade in ALL that I held from $17ish up to $25, then bailed as the whole market went south in Feb much like it is at the moment. Was a bit bummed I missed the big run up and maybe should have got back in, but it just ran too hard and too fast for me. So I am getting pretty excited to be back in around these levels, as I feel a bit of value is opening up here for a medium term hold. Depending on what the whole market does I might add to the position around $20. Think in these volatile times you just need to chip away and add / remove from your position, or just scalp a few percentage points here or there. Going to take the same approach with CSL, BSL and possibly MQG if it gets back towards $100. Quality companies that have been heavily discounted in the current market. 

This was a pretty good summary for ALL...

https://www.fnarena.com/index.php/2018/12/03/opportunities-abound-for-aristocrat-leisure/