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Online Share Trading

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sleeping quietly

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partridge
Super Contributor
Read the OST report, yawned, and bought some more......
4 REPLIES 4
bluenote
Occasional Contributor
Hi Partridge, you warned me about concentration, and I am rather that way on the Rupert stable [4 counters combined account for some 45%+ of SBST portfolio]. Thanks for our recent exchange which was timely. For your info I settled on BLT on the London exchange...damn there's that word concentration again...Hope its really a diversified company!
partridge
Super Contributor
Well the Rupert's are one thing and the businesses are another - or at least that's how one should see them. But as you will have read the REI report you will like me be pleased to see that the weed is simply a means to an end - via its ability to generate incoming cash-flows - which are handsome {because you make this stuff on equipment which costs little to run uses input which is cheap ( you just don't know the rubbish you are buying ) and requires little capital outlay - so much so I doubt whether the manufacturing process has changed in 60 years(?)}. Opposite them are the users who will only experience cash outflows as a result of their addictions. The direction set in REI is clear - financial services - and wholesale one's at that. Good annuity income... enjoy the ride.
bluenote
Occasional Contributor
Thanks Partridge for your really valuable insights which cut to the core instantly. I am not in this league and need to go back to lurking... Cheers! ps AFT seems to be climbing disproportionately and maybe i need to trim my exposure. Note: this stock has zero institutional support, but to cut winners..?
THRESHOLD
Super Contributor
The danger is a wholesale selloff in BTI for whatever reason - most likely a large judgement. I know I have being singing this thing's praises for some years now - but I have lightened up on REI at these levels. I shall hold the balance of the position going forward - the proceeds of the disposal go to IAP and MSP.