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barry_1
Super Contributor
I see that it has risen now from a HOLD to a BUY by the consensus forum....I suppose better late than never ! ....Since i first listed it ,it has gained 56%....In my opinion only the future looks bright....Again an "expert" was interveiwed the other day and he was concerned as ever by the DRY BULK rates.Yes i expect them to remain low,so what!....The contribution to revenue by shipping is 11.6% and they are slowly building their LIQUID BULK holdings on ships....I have now added AECI to my watchlist and the write up will be published later.I am hoping for EXPLOSIVE RESULTS going forward ! The latest update is on ..sashares2010.blogspot.com
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2 REPLIES 2
Major
Regular Contributor
What I like is that GND is now nicely diversified, with trading, handling, finance, freight and ports all complimenting the core shipping division. Nice rand hedge into the bargain, and supported by Remgro. A core holding in my long term portfolio
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sasa
Regular Contributor
Ditto! Up 39% since I bought last year into my core portfolio
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