LGD 1.75% 29.0¢ legend corporation limited

Hi Angus. Can't have you talking to yourself. We are listening....

  1. 152 Posts.
    Hi Angus. Can't have you talking to yourself. We are listening. I have held Lgd for a few years now and first bought into them when they were 70c only to see the share decimate when the company did badly in Asia. However I held on and even rang Bradley Dowe and talked to him. I was sufficiently reassured enough to hold on as I felt he was genuine especially when he pointed out that he (at that time) had never sold a share. I have since bought quite a few more and am very happy with the way he is repositioning the Company. He seems very skilled and I am very impressed with the way he is paying down debt. Also the company does not have too many shares which should allow for a good upside. He has just paid a 1cff dividend so I would think that the will pay at least 0.005 to 1c or even if things go very well 1.5c as the company used to pay, but as he said it depends on npat and the needs of the company. I am very happy with my holding and intend to hold longterm. This is not intended as investment advice, just my ramblings so DYOR.....E1




 
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