Having lost a boatload on the train wreck that was BHR, I thought I would take some brave pills and pop my toe in the water with JLP. Hopefully he worst is behind them now and 2015 is going to be a turnaround year. I'm in for the medium to long term - 2-5 years so not too bothered about daily fluctuations.
The company is reliant on others for it's time frames and we have been notified of anticipated projects. We are now dependant on the passing of time for the projects to commence provided there are no occurances outside the company's control and due to recent experiences the company should be reasonably insulated.
One should not make fun of others whether they are winning or loosing because you never know what is round the corner. The most sensible approach is to have a diverse portfolio of quality stocks and failing that approach, to have a portfolio of second liners that have a good chance of success.
There are a lot of investors that desire a smilar RNS as today's anouncement. We seem to be making positive progression at last and we must not expect too much to soon after all, this is Africa.
At long last it would appear that better days are ahead.
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