re: Ann: TSE: TSI Fund Capital Structure Revi...
I read. In short if some future govt legislation is not good for us, it will be bad for us.
Every share on the market has some risks:
bhp: what if china stops buying coal and iron ore
telstra: what if the govt does not give enough money re NBN
woodside: what if coal seam gas becomes more cheap than off shore natural gas
woolies: what if Australians decide to buy less food
For me I am quite happy to 'bet against' Rudd being in power in 3 - 4 years AND having control of the senate AND the rest of the world deciding that their Copenhagen failure was a mistake and go all kum-by-ah on us and decide to live the rest of life with no electricity.
What appear to me is you have found a cheap stock and pluck out a risk (which is in every portfolio) then try to scare people into selling, so you can buy cheaper.
Are you really expecting a discussion on something that 'may happen, if all the stars align' in 4 years?
The people that understand the share best (TSE) who own 49% took up their full entitlement. Are they just dumb?
TSI Price at posting:
71.0¢ Sentiment: LT Buy Disclosure: Held