After buying last November around the 42c mark, my only regret with SNL is that I didn’t buy more. After rocketing up to 72c and paying out another 9c in fully franked dividends, I’m sitting on close to a 100% return for the year with a company set to continue performing. Based on the discount…
Month: December 2011
Amcom – Increase to position (AMM)
I’ve been singing Amcom’s praises since I first got in at 20c nearly 2 years ago. Since then, the company has gone from strength to strength, growing organically, making smart acquisitions, and winning big new contracts. Importantly, they’ve also divested their IInet position and built a broader product offering which complements the existing core fibre…
HGL Limited: Still a good proposition or time to dump? (HNG)
Despite attractive fundamentals, HGL has suffered recently with the bankruptcy of one of its suppliers. So is the business sufficiently valuable to continue holding, or is it time to abandon ship? Management are certainly demonstrating a proactive approach, by offloading 3 non-core businesses, attacking adjacent markets, and identifying ways to improve the prospects of underperforming…