BHD 0.00% 22.0¢ benjamin hornigold limited

Had a bit of a look at some undervalued LIC's around at the...

  1. 4,593 Posts.
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    Had a bit of a look at some undervalued LIC's around at the mo...

    BHD comes up well via the old Oilly spider sense ( less ) monitor ....BHDO's worth a chop if ya can get em at a goodly price and like a punt also.....

    Although transparency is still a bit of an issue.... the discount to stated NTA....The stated quarterly dividends if they materialise.....and the probable resolution of the HML situation in the near term put BHD on the radar for buying opportunity's.....

    If HML re-list and negative sentiment flows over to BHD (Even more so than present) I thinks i'll be grabbing a few more for trading at a later date....

    IMO , they are already suffering from the HML situation , but may fall even further on the pending (imminent ) HML re-list.....


    Transparency is a worry but if HML get back on the boards one would have to imagine that everything's above board ....Sub 80c seems cheap to me with last NTA at $1.15 ish.

    Looking forward to the return of HML....and the Cabin-Boy....

    PS....Don;t listen to me.....I've had drink .....
    Last edited by oilleak: 21/07/18
 
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23.0¢ 12962 1
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