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sol
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Ah my mistake!
I like my smallcaps.. hence the choices! As is my personal strategy, back the winners like Calgro M3, Rolfes and Afrocentric as they have proven themselves in recent times, just remember Aspen, Capitec, Famous Brands etc all started small.. Hopefully one of these 3 will shine in the long term! Added Transaction Capital as well, newly listed with great management.. still need to prove themselves thus the drop in price from listing and hence my position added
Trading at a P/E of 14. Dividend yield of 2.3% and good growth in the last 5 years. I'm considering it for my long term portfolio.
You do know the stock well. I'm watching it closely as I have a small chunk of change due in mid-july. CML is one of the shares I'd consider. The other two, as in my challenge profile are SAB and Aspen. I may just split it evenly between the 3 rather than the 50% CML 25% the others as I did with this months challenge allocation.
My thinking is, even if CML is fully valued, I doubt it'll be a loser over a 3 year period.
Jip, looks like it isn't over and Growthpoint might pull through!
Swopped out my Redefine Monday for more Afrocentric due to the excellent dip it is having!
Please go here to see details and to comment: http://www.shareforum.co.za/the-investor-challenge/the-challenge-begins-on-the-22nd-april-2013/
I'll use the list from here, that should cover everyone: http://en.wikipedia.org/wiki/List_of_companies_traded_on_the_JSE