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Thread: QF shares hit $2.00, discuss
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Old 7th Jun 2012, 21:39
  #539 (permalink)  
Algie
 
Join Date: Oct 2011
Location: Not Brisbane
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For those with a few spare dollars.....

I heard a summary of Warren Buffet's investment thinking a while back. Quite a while. On the back of it I bought some Apple and BHP stock and did well.

I recall that he said that a good target for buying in and making speculative returns would be characterised by the following (excuse my version of his words but I think it's not too bad):
  1. A believable brand
  2. An oversold share price as a result of poor but replaced/about to be replaced management
  3. Enough cash to rebuild
  4. Available external resources to get the structure right
  5. An employee group willing to work flexibly and efficiently to support the rebuild
  6. Either a new CEO or the availability of such a person

Looking at the above and considering the idea of a new EBA, the 747-8 and/or 777 (thats just for long-haul) and a new CEO: maybe when the shares dip below 95 cents and there's any sign of a clean sweep of Board and CEO it could be time to invest.

Just a thought.
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