Club Mulgoa

Sunday, December 04, 2011

ABU

On a day like today, it is nice to see ABU makes a spurt with its share price. So now, it has moved into my top 10 within my super portfolio.

I have never sold a single ABU share and have been accumulating. Each time I topped up, it was after a good announcement... and few people want it.

For those reading my note, this is my next GIR. It is not the same management structure, but there have been so many good announcements that eventually someone with a deep pocket will notice it. Sad, but only one reader has taken my lead to buy ABU.

Many have been burnt by CDU but repeated good announcements have to be credible especially when it has been scrutinized closedly before by the ASX.

0 Comments:

Post a Comment

<< Home