ASX - Long Term Favourites

[wns]

Hard to go past WOW. Their track record speaks for itself. They continue to deliver on growing profits faster than revenues.

[OldRider]

wns
WOW is a good choice, another dividend deposit from them will be made today, and as I look back over more than 10 years of owing the stock
the yearly dividend received has never fallen. This year div per share will be round five times greater than in year 2000.
from year 2000 div in cps 23 27 33 39 45 51 59 74 92 1.04 projection for this year 1.15

I sometimes wonder where future growth lies for them but they continue to perform

[whatsup]

Hard to go past WOW. Their track record speaks for itself. They continue to deliver on growing profits faster than revenues.

WES would have to be added, in the last yeat while WOW has stayed still while WES has gone from ( on a rerating ) from $20 to its present $31-32, WES has more going for it re Coles turn around but WOW is purely food and focused on that as such, they are both very very good shares and Id say a mix of both a good investment.

[lewinsky]

Hi Liz,

I would appreciate running your expert eye over EAL.
This seems to me to be a tad undervalued at the moment.
If you buy now you get the bonus of a dividend of 1.5 cents per share payable on the 31 May.
The 3rd quarter result was NPAT of $3.55mill. The half year result was $2.09 mill.
So crudely we may expect a $5.0 mill profit for the full year.
This would represent a pe of just over 6 and assuming a further 1.5 cents final dividend a yield of just over 12%.
They appear to have a reasonable and growing order book.
I purchased some yesterday.
As always I appreciate your analysis and thoughts.
The Olive and Ouzo overhang is a concern to the markets at the moment.

Cheers

LEW

[percy]

KW. ASZ looks to be growing at over 20% pa.PE not that high with that sort of growth.ROIC is also very high.
CDA does not look to be in the same class.Earnings growth not so steady but just had a great year.
KW you have done it again, 2 interesting stocks.

[Joshuatree]

Monadelphous is highly regarded in the engineering field, and has tremendous management. If there is any negative about taking a stake in MND, it's that the stock is rarely cheap to buy...but Lizard is looking for a stock for the long term, so paying up now shouldn't be a big deal if the plan is to buy and hold for a number of years.

Up a buck today. A best in breed stock imo.
2017 AGM Presentation

[showstring]

re: MND
according to my calculations, that's a 22% gain in 7.5 years of holding

and it's only gone up past the buy price of 16 April 2010 in the last month (since August 2017)

fairly terrible...
just goes to show making money in the stock market is all about buying stocks that are cheap and not about "good companies"

reference: howard marks (buying stocks that are cheap), and nifty fifty stocks in the 70s and 80s (how to lose 95% of your money by buying the "best companies at any price")

[Joshuatree]

Thanks for your critique. Point taken about "the long term favourite" bit.
We paid $9.26 in 2016ish so have doubled our money +. $19.05 atm
Its very cyclic and M/S , Infra,etc is entering a good cycle atpit
I think its one of the best bigger stocks on the ASX in that sector.

[showstring]

if you got in on the $6-10 cyclical price dip, then in hindsight you've done very well indeed

[silu]

IAG (Insurance Australia) - had a nice re-rate of late and a great DRP.