Who is buying what other people aren't?

[mb1]

Who on the forum are the contrarians, buying out of flavour stock? You would have to agree that there is alot of mining talk here.

What companies are you looking at? Sectors? Companies with high dividend yields and lower share prices?

 

[theasxgorilla]

The speculative mining talk reminds me of "dot com". There are fundamental reasons why the mining sector is enormously profitable right now so to be contrarian to the extent that you shun it completely might be unwise.

I continue to like gold and oil as commidity themes, but I'm not game to buy anything yet.

I'm holding Redflex (RDF) which not many people seemed to notice. The smart money is already in it I suspect. Traffic cameras are not really a contrarian theme though...they're popping up all over the world.

 

[BraceFace]

Telecommunications has been a dead dog for a while, but the recent form reversal of Telstra/T3 may see more interest here.
See my post under CDR- Commander Communications

 

[UraniumLover]

Who on the forum are the contrarians, buying out of flavour stock? You would have to agree that there is alot of mining talk here.

What companies are you looking at? Sectors? Companies with high dividend yields and lower share prices?

i agree to an extent. i read an article that the richos follow. they pick the top 10 dividend shares per share price ratio and stick with it for a year to minimise tax as it out performs the asx index every time. people like warren warren buffet love this strategy . the probelm is finding them. can someOne out there come up with such a list ?

 

[constable]

Im continuing to buy rtl even tho the mob it seems have lost patience!
End of march or first week of april ive been made aware that testing of their product will be complete by bbraun, (which i only found out this week and a little peed off cause i had it in this months stock comp!)
Still some time yet to accumulate as out the door the shares go at 9.7c!

 

[Garpal Gumnut]

i agree to an extent. i read an article that the richos follow. they pick the top 10 dividend shares per share price ratio and stick with it for a year to minimise tax as it out performs the asx index every time. people like warren warren buffet love this strategy . the probelm is finding them. can someOne out there come up with such a list ?

Dear UL.,

Buy the Financial Review on Saturday. It will give you a list of the top 50 or 100 stocks. Just pick the ones that agree with your criteria.

I also find the Fin Review makes better mulch for the garden, I think they use better "old growth" than the Weekend Australian., Age or SMH, per page.

Garpal

 

[ROE]

I buy when the price is right and it relative undervalue, whether people are pulling away or buying is irrelevant.

 

[exgeo]

I am basically a mining fan, but to spread the risk a little, I bought LRG, Longreach. It's a tech stock, but one with positive cashflow and competitive advantages too. I have posted on it recently. They recently bought a business from Redflex.

 

[ghotib]

i agree to an extent. i read an article that the richos follow. they pick the top 10 dividend shares per share price ratio and stick with it for a year to minimise tax as it out performs the asx index every time. people like warren warren buffet love this strategy . the probelm is finding them. can someOne out there come up with such a list ?

Sounds like you're thinking of the Dogs of the Dow (or ASX) strategy. It doesn't outperform the index every time - what does? - and it's nothing to do with Buffet, but it seems to have a good record. Google on Dogs of the Dow or Dogs of the ASX turns up lots of articles.

Good luck

Ghoti

 

[Realist]

i agree to an extent. i read an article that the richos follow. they pick the top 10 dividend shares per share price ratio and stick with it for a year to minimise tax as it out performs the asx index every time. people like warren warren buffet love this strategy . the probelm is finding them. can someOne out there come up with such a list ?

Well Buffet certainly does not do this.

And it does not work either.

For one, the dividend yield % is high only if the share price has taken a recent dip - and share's dip for a reason, a bad reason.