Australian (ASX) Stock Market Forum

ALD - Ampol Limited

Morning Star calls ALD overvalued. By three bucks, apparently . ( S.P. up a bit today to over $ 40 )
( Yawn .) I've had this thing since last century when it was called something else ....Caltex ! That's right. Still got the original scrip somewhere in the bottom drawer .
I think I now understand Mr. Skates new way of thinking but Jeebus mate , it's so.....effin Boring ! It's like....jeez , I dunno ......real estate !
Ya gotta get strapped in behind the wheel again and back out on the racetrack .
 
12 month rolling ff div yield on ALD is impressive , probably got room to go higher tbh . Multiples not crazy at all . Put on my list for screening down the track
 
( Yawn .) I've had this thing since last century when it was called something else ....Caltex
SCAMpol is what I call it. Generally avoid it like the plague due to their full on prices.
They inherited the right to fleece you see. Pun intended.
How old are you really...?!

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Black Rock bailed out of ALD .
Completely ( ? )... Seems that way by the look of yesterday's disclosure notice to the ASX . Thirty million shares sold recently in one go , so that must have been them , perhaps .
S. P. at $ 29 so their timing has been pretty hopeless . Was over $ 40 at start of the year .
Insto's eh ? Supposed to be on top of their game , right ? Not this time , unless they 've been holding for a very long time .
 
State Street also sold down its ALD holding but only by 3 million shares to 17 1/2 million ( 7.36% voting power , now .) at end of November .
 

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