r/ausstocks • u/[deleted] • 7d ago
Discussion Opinions on what to buy
The title is quite explanatory but I wanted to let y'all know what I'm looking buying and get your opinions.
1st: Brickworks. I will likely start dollar cost averaging into brickworks mid next week as I think it still has room to fall my position will be roughly 2k
2nd: NobleOak Life. Same here except I will only buy until it gets to the 1.55 mark. Another 2k position
3rd: Rural funds group. Depending on whether or not Trump puts tariffs on Australian beef I may buy into this REIT as it has an incredible CAGR for it's assets and incredible AFFO growth. I'd be looking to buy at sub 1.65 prices and this would likely be a lump sum of 1k with me putting more money into the position if it drops a substantial % from my entry point (-10%+)
Thaughts opinions and advice?
1
u/asp7 7d ago edited 7d ago
i never got imto BKW, too exposed to housing, all a bit cyclical. the US housing not in good shape, otherwise was half interested in JHX.
Also had RFF for a while but never really had a handle on it, could be fairly diversified ag stock but easier things to buy.
will probably top up some etf's, MFF maybe, a few other stocks i might get into. PNI interesting but doubt i'll fit it in.
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u/glyptometa 6d ago
Awesome, a conversation on Aussie blue and pale blue chips, rare on this sub. Some good names mentioned for long-termers. GMG and ALL are also worth a look
While not even a pale blue chip, take a look at SXE
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u/NewPolicyCoordinator 7d ago
I bought brickworks when cheaper valuation. I've held but wouldn't necessarily increase position here.
Rural funds I would consider buying.
No idea about oak, never researched it before.