Old Mutual is a share with phenominal capital growth potential. Historically has paid good dividends. Hardest hit with share dropping to 4.54 in last year. Trading at 10.20. Still a long way to go to get to its 25.00 aprox highest level. What goes down must go up in my opinion.
GND ???? You guys have been punting this for 3 years now, at 23 it was a buy ??? and now at 1400 a buy ??? AHHH at 10 as well ... Hey ? Long term, YES you will Maybe make your money for the next generation to come which is still a good thing in my eyes ... Good Luck to them long term boys !
Over the years i just accumilate the share, since i started i have multiples more of GND and the dividends that i recieved have been very attractive, solid company, with excellent management and WILL be excellent over long term... I will always punt this one unless their business/operations change fundamentally to the worse, so far no reason for that...
except the 60% profit warning! Right now FTSE index trackers (DBXUK) is offering great value - historical 4% yield with the perfect storm scenario of rand being super strong against hte pound and FTSE coming off its lows.