TIM 0.00% 4.4¢ timbercorp limited

timpb huge yield at 118 per cent pa, page-5

  1. 2,123 Posts.
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    I am happy for them to convert. That is exit strategy. I am making assumption that you sell immediately they convert at VWAP price. There is a small risk in terms of timing between VWAP and selling equity but some or all of this can be reduced using CFD's;

    My hyrbid list is long (I have about 12 and no banks):

    best from risk/reward perspective:
    AAZPB (ALZ major shareholder=CapitaLand=strong)
    MXUPA (Parent is Brookfield Asset management; very strong)
    GNSPA (Have announced intention to exchange by Sep09)
    BEPPA (risky but good at 15 cents; my average entry 41 cents)

    less riskier but good returns are
    STOPB
    SEVPC

    TIMPB but only with short CFD in place now.

    There are others but these are the favourites
 
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Currently unlisted public company.

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