Well, it may or may not drop further with upcoming news, but it's still a very good value bet in the long run. Likely to be 5% yield, Indonesian growth over the coming two decades will probably end up dwarfing the Australian market, and the core brands are always a giant moat to competitors.
Not something I'm buying for a quick win, but definitely something I'm happy to hold in my SMSF, as by the time I retire in 30 years or more, the wealth generated (via dividend reinvestment) should easily see capital appreciation of 10%+.
Hard to know where it'll stop falling, but presents excellent long term value right now.
- Forums
- ASX - By Stock
- spc funding solution
Well, it may or may not drop further with upcoming news, but...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online