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Thread: Sml010 bonds

  1. #11
    ShareTrader Legend Beagle's Avatar
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    SML010 is the ticker and they last traded at 5.35%. Not worth the risk at that yield. I am cautious on the whole bond market...yields are going higher in my opinion. For newbies to bond investments this might be worth a read https://www.thebalance.com/why-do-bo...ections-417082
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.

  2. #12
    Speedy Az winner69's Avatar
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    Quote Originally Posted by winner69 View Post
    Coupon at 3.73% pa selling for 6.00% ie paying $93.67 for a $100 of bonds

    Fair bit company risk built in
    One month on selling at $96.05. ….good capital gain

    Market sees Synlait as less ‘risky’ now
    Last edited by winner69; 23-10-2021 at 03:41 AM.
    . To say extreme valuations are “justified” is also to say that long-term market losses are “justified.” .

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