07-02-2015, 01:20 PM
I would go with BBL also, especially after the South32 demerger got rid of some of their low-margin businesses. Be aware that we still may have another year or two of sub-par returns until the iron ore & oil markets are back to functioning normally again. It could be a slow process.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan