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David Hardman
11-06-2004, 11:29 PM
I'm about to reorganise and consolidate all of my superfunds into a Master Trust.

The Master Trust allows me buy and sell equities directly on the ASX.

I can diectly invest 100% of my super into ASX shares under the following conditions:

Maximum of %20 of total fund value in any one ASX 100 listed stock
Maximum of %5 of the fund in any one ASX stock not within the ASX100

I only have about 35k in super which has all been accumulated from compulsory employee contributions.

I can actively buy and sell stocks from within the Master Trust for $20 per transaction.

I am high risk tolerant as I am still very young and don't plan on retiring anytime soon ;)

So....

What's good buying within the ASX100 at the moment? What stocks should I investigate further?

Keep in mind I can only make aabout a 7k investment in any one stock.

Prefer 1-3 year growth story rather than a dividend play.


David

Cooper
11-06-2004, 11:43 PM
I would go with BPC, I think a three year timeframe would suit well. Growth through acquisitions and/or debt repayment, not likely to provide a dividend for a fair while. Good cashflow and good management.

tracker
13-06-2004, 07:04 AM
um throw a dart, would be my selection, I am only saying this as I have bbeen burnt holdng longer term positions that where foolproof, buy a stock at like a buck, to see it do a placement at 70 bust my chops to get back to square.The only longer term pos I would keep now are divvy palys that fluctuationswont bother you (and taht is not always foolproof either.
Dow for example.was holding a few and doing ok div ok etc they consoldidated so instead of 100000 shares I now have 25000, and was paying 4 cents a share div,on 100 now paying 4cents on the 25(good way to cut costs hey,and asic lets this run freely
not foolproof, just another opinion, (just to confuse you more)
sorry but sceptical
trade well
tracker

JBmurc
13-06-2004, 02:16 PM
david for me good-GOLD&OIL shares-just watch the price of both go through the roof over the next couple years-my predictions-GOLD-$650-$700aud & OIL at least $50bbl usd by yrs end;) some shares worth looking at-OGD,GRD,WZA,TTR,DIO,LHG,MMN,LSG,MCR,AGG-BPT,OSH,ITC,ARC,MOS,-HOPE THIS HELPS;)

13-06-2004, 02:54 PM
Not in ASX 100 but worth reseaching GDY

Gofish.
13-06-2004, 10:21 PM
I'd suggest looking at AWE, HDR (both oil and/or gas) & OXR (Gold/copper) for next 3 - 5 yrs.