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Hi all

I need some advice/inputs on the above mentioned companies. I am looking to invest long term and I want to pick one or two that will form part of my current portfolio listed below :

Old Mutual
Discovery
Santova
Aspen
Clicks
Santam
Balwin
First Rand

( All shares added together is ~25-26% of portfolio value)

DIVTRX    ( 40% )
PTXTEN    ( 5% )
STXIND    ( ~9% )
DBXUS     ( 11% )
DBXEU     ( 9% )

As you can see, I have quite a big financial sector exposure, thus my reason for wanting to add. I guess I could also just keep buying STXIND or GiviIND, but I like the idea of adding 2 shares more.

I really like Bidvest as a long term play. Good (boring) company that grow consistently over time. BUT, I am open to suggestions etc.

Which two would you add & why. Again, this is with a 30 year view, at least. Obviously things can change significantly over such a long time, but buy & hold as far as possible.

Thanks
J

Bidvest is probably a good long term share to hold - as you say it just chugs along producing acceptable results year after year. When they spin their food operations out there may also be opportunities. I held DBXEU for over a year and they did not perform very well over this time so I sold and bought DBXWD which is faring better. So just my opinion on your considerations

Thank you gcr.

Ja I am starting to think that DBXWD might be a good option as well.

Looking back at Bidvest history. After every sharp upturn, she corrected back down soon after. Now she has a lamp pole formation and could correct back down soon. Be wary of this before you climb in.

Not being a great believer in charts I don't see any significant reversal in Bidvest's situation - (I prefer to read tea leaves myself and I am sure they have a tea business within the group - after all they have Orca marine which is a huge plus anyway) However I am always wary of a number of statements like "its time in the market and not timing the market that counts" also we are a few months away from the "sell in May and go away" deciples. Investing in the market is all about risk and risk taking - not recklessness but calculated risk taking so when you enter a share it should be based on your knowledge of the company and your own sound judgement   

Seems like at this stage anything can happen. We can only dream about tomorrow. JaDeb will find a song to go with this.
Like this one.