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Portland Float

Discussion in 'Shares' started by Simon, 1st Dec, 2005.

  1. Simon

    Simon Well-Known Member

    Joined:
    17th Sep, 2005
    Posts:
    520
    Location:
    Newcastle
  2. Ol School Skata

    Ol School Skata Well-Known Member

    Joined:
    7th Nov, 2005
    Posts:
    71
    what are your thoughts on this upcoming float Simon?

    OSS
     
  3. Simon

    Simon Well-Known Member

    Joined:
    17th Sep, 2005
    Posts:
    520
    Location:
    Newcastle
    Well I really only have access to the company info which does make it all sound rather appealling on the emotional side.

    But of course the numbers are what counts and I have neither the access to them nor the expertise to draw the conclusions that others here seem to do so with ease.

    I am not investing in this float as I know nothing of it - just trying to prompt some discussion - no agenda of my own here mate.

    But I am looking for my next investment. Probably a managed fund and certainly a growth oriented one rather than an income fund (I do intend buying more income funds when the US one comes along). I will probably be investing about $100K with 50% gearing. I am looking at a few Colonial First State funds as I have some there already and am comfortable and happy with their work to date to build my meagre wealth.

    I have made money on floats before and did toy with the idea of trying to do so again but I recognise this is speculative behaviour and I have decided to be an investor instead so I will be leaving them alone.

    I will post some of this seperate and hopefully we can share some research on growth funds.

    Cheers,