investor presentation

[SimonPB]

from BSR on Friday .. interesting ..
http://www.basilread-ir.co.za/financials/2011/update_to_investors_june2011.pdf

[#2]

Ja, I read through it over the weekend. I have always been a BSR fan, but there are a lot of ifs and buts in this strategy. They are entering into a market sector that is quite possibly outside of their core competency, with a lot of companies in a far more advanced position to knock over. Still, good to see a construction company with a plausible strategy, the cost of implementation is not so big, so it is not like they are betting the farm on it.

[SimonPB]

skaap, yip ..lots of rarara which always worries me .. ut as you point out, low cost coupled wit a big IF .. risk reward be nice .. but TWP still bothering me .. that said I am buying contruction and have been since late last year, BSR was on my maybe list, this edged it up the list ..

[#4]

Simon, out of interest - how much of a portfolio are you allocating to construction?

[SimonPB]

long answer to a simple question .. currently about 6% is directly invested (this of my total 'investing' portfolio but of my non blue chip/ETF is is about 25%) .. happy to push it way higher as the cycle goes my way .. that said my construction holdings are some +20% up on purchase price (incl dividends) .. also bulk of portfolio is long term dividend payers (blue chips) and ETF's (beta) ..

even longer answer, trading aside I run 2 portfolios, my blue cip and ETF which is about 75% of overall portfolio, the rest is the 'growth' buy low sell high stuff (alpha) .. construction sits in that ..

[Jonty1]

Hi Simon is this stock hot or not? Last night (2011-10-13), you were of the view that it is not. this seems to be contradictory to your posts. Ashley