TSE 5.50% $1.06 transfield services limited

Huey,Just to chuck my two bobs worth in.I have held TSE now for...

  1. 1,790 Posts.
    lightbulb Created with Sketch. 43
    Huey,Just to chuck my two bobs worth in.I have held TSE now for a long time and thought they were going places fast, unfortunately they allowed debt to run rampant and until this is soundly addressed i think not a lot will change .My strategy for this stock is to follow the shorts and when they drive it into the ground as they have on numerous occasions buy and trade.This i have done several times picking up 20-35% whilst maintaining a core of stock which this practice has now averaged back into profit. In summary the basics of this outfit i think are sound and they are the most diversified service company out of a large bunch.( Address the debt and it will flourish and the shorts will disappear )
    Cheers
    Zubric
 
watchlist Created with Sketch. Add TSE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.