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Leighton took a bit of a hit while the other shares were going back. What do you think this was and do you and your experts still think it is a good share? I noted the new deal they picked up in your news section last week as positive but the share went down?
Regarding the healthcare sector, CSL and others have done amazing things for the world and us and I think we all don’t appreciate it as much as we should. In the US they downright sabotage and scaremonger about CSL and to break in there is trouble. It should be that the pen is mightier than the sword. So I think that Cochlear is not the only company that has changed the world re Roger Montgomery’s article.
A: Thanks for the comments.
In relation to Leightons, it is going to take a little while for this stock to gain favour. There appears to be a campaign of ongoing coverage of these old matters in the Fairfax press, a class action has been threatened, and there are a number of short positions that have been opened. Good news doesn’t get much attention. I think they are good value at these levels – however, I am not expecting an immediate bounce.
Regards
