riddler15 May 2009 16:46
nothing,s a sure bet and i find it hard to believe people would undertake a serious investment purely on somones opinion on a chat site! i,m just saying what i,ve done here and since this company is showing a healthy balance sheet,albeit slightly down,its a fair punt. if the yield is maintainable then its one for my divi-collecter pile. i have a similar view with bt and tate and lyle which is why i,ve cleared out a load of non-dividend paying tiddlers today at varying profits and gone for yield and capital growth secondary. if they take another hit i,ll consider averaging down again s.t. other funds elsewhere in my mixed bag i.e.portfolio, if they bounce then i,ll consider knocking half of them out straight away. well thats how i do it and i,ve made some good investments this way and some total disasters which i,d rather not go into! by and large playing the percentages game, i,m up. good luck if and when you climb aboard