A Rand hedge.

[barry_1]

This share has increased by 56% since January, and in my opinion is the perfect Rand hedge,not as volatile as the resources are at the moment.As the British Pound has weakened from eleven to thirteen and three quater and LBT is really a great blue chip which takes advantage of this.The BPound is over valued at the moment against all currencies ,but even if it weakens moderately i still think that the Rand will not recover enough to make LBT loose value.I'm continuing to buy as this share operates in a niche market.The PE at 45 is about double its normal rate ,but it will grow into it.

[barry_1]

35% of my portfolio is in Real Estate and 58% of Naomi,s portfolio. I hold MTP (see my entry on the forum under share discussion),APB(There is still time to buy to receive the C shares,but time is short)LBT( my long term buy ,i'll hold to leave as a legacy!) and Vukile ( dynanmic directors).Naomi's portfolio consists of MTP,LBT,APB and Paramount.

[#3]

is this woth buying share installments for dividends only?