05-23-2015, 03:02 PM
(05-22-2015, 07:06 PM)navyasw02 Wrote: Is BBL still worth buying now that the demerger is done? I had it on my watch list and missed my chance to buy earlier.I bought 150 shares in Feb.There's a lot of moving parts to the de-merger and I'm going to wait for a while until everything shakes out. I've read the financials and listened to some of the conference calls. Management seems top notch and since I have no Materials exposure, and they are the best of the Materials stocks, along with Rio Tinto, and maybe a few "lesser knowns". I'm going to hold and maybe add a few shares, here and there. I feel commodities and materials can be very volatile. I like the dividend, it was $1.24 in March (dividend distributions are made twice a year). The last price was $43.73 and M* rates it 4stars, whtatever that means.