Forum Archive Index - July 2001
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[sharechat] scl
Recent questions about SCL - It's been climbing a bit lately. They recently
recapitalised and bought Brierley's 35% share of Tas Ag. TAS is doing
rather well too, which is not surprising as they have substantially changed
from a farming venture to a farm finance and support company. BLIS is
doing rather well too - up to $1.08 from 0.80 in the last 3 weeks.
I see SCL as a classic growth stock - buy and hold for the medium - long
term. No dividends so forget about them for yield. It's a good one for
people like me who travel o'seas too much to keep a regular eye on stocks.
I see GPG as another good one for this. Not much good for day traders and
yield-orientated investors, as growth opportunities are essentially
long-term.
Sam - Held SCL for 3 years, GPG for 2.
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