Friday, March 25, 2011

It's Always Good to wake up to a Bull Market

--- if you're long to the hilt.

The Japan nuclear disaster had lead to a swift global reaction, and the markets have voted in favour of a continued bull run.

To that effect, I've decided to add to my long term positions; macau gaming through sands china and emperor resorts; sands being affected by the litigation and emperor at cheap valuations.

I've added playtech to leverage the more longer term theme of online gaming as it is a provider of software to major euro players like william hill.

I've also added goodman fielder which looks to be a deep value play, low p/e, great quality, but low growth. If the growth and cost factor can stabilise, should recover nicely.