Allied Farmers Limited Capital Notes (ALF010)

[Alan3285]

Good luck Alan, ALF have a record of wealth destruction

Not for me they haven't ;-)

They have been my second best performer in the last 12 months behind SCF only - that's looking at pure 'gains' only.

Whilst making great gains, I have also been yielding an average of about 26% pa while holding them.

I'm fairly happy with that so far....

Alan.

[Balance]

Not for me they haven't ;-)

They have been my second best performer in the last 12 months behind SCF only - that's looking at pure 'gains' only.

Whilst making great gains, I have also been yielding an average of about 26% pa while holding them.

I'm fairly happy with that so far....

Alan.

26% alone tells you what the market thinks of the risk?

I can remember Skellerup bonds giving investors 35% pa return - then it blew up.

[Alan3285]

26% alone tells you what the market thinks of the risk?

That's right - but no matter what, I can't 'lose' on them over 12 months now, since I have 10,000 units remaining held, and I am already cash positive on them.

Any real analysis that implies they will fall over would be interesting to go through.

Alan.

[percy]

That's right - but no matter what, I can't 'lose' on them over 12 months now, since I have 10,000 units remaining held, and I am already cash positive on them.

Any real analysis that implies they will fall over would be interesting to go through.

Alan.

I am sure you will find Chalkie's article on ALF of interest.

[Alan3285]

I am sure you will find Chalkie's article on ALF of interest.

Where is it?

Alan.