Stocks best placed to survive and prosper?

[skyQuake]

I read a study not too long ago about the best stocks to hold during a recession, it found that ALCOHOL, GAMBLING & SMOKES were the main beneficiaries in terms of consumption during this time.

did anyne else manage to read this article? It was in one of the overseas press...US. I'd agree with the first two...from experience.

Read similar thing about alcohol. Depression = more drinkers. Sounds good to me. Forsters has been outperforming strongly too : D

 

[basilio]

I think energy stocks will be survivors. Oil supplies have peaked and although the current recession will reduce demand in the short term, oil supplies will follow them down quickly.

I like LINC energy. It seems to be perfecting the technology for converting stranded coal deposits into clean diesel fuel for $28 a barrel. This looks good now and will look even better in a couple of years.

They are currently in negotiations with a Chinese energy company to sell a $1.5 billion stake in a thermal coal field they have explored. If (if..) this comes off they will have the cash to develop their commercial coal to fuel plant and with a string of international MOU's under their belt they could be the great black hope....

Any way I hope so because everything else (including Linc) has turned to ***t at the moment.

 

[sammy84]

A few people have been talking about energy shares. Admittedly I have always stayed away from the energy sector due to a lack of knowledge about how the sector operates. Beside LINC(which I will look into know) what else do people like out there in the energy sector, which has a strong balance sheet, management and has been oversold?

Thanks

 

[rub92me]

re pan .production cost per lb/tonne ?

thankyou

The last quarterly showed payable cash cost of AUD 6.65 per lb (3 months to 30 June 08); which gives them a healthy margin. Interim updates have hinted costs are coming down. We'll know more in the next quarterly due in the next couple of days.