BKW manufactures and sells bricks, pavers and floor tiles, products that clearly enjoy a strong property and construction environment. This has been a solid performer over the last 12-months with a break to fresh all-time highs feeling inevitable in the months ahead. We like BKW but it’s not in the cheap bucket although the forecast ~3% fully franked yield is clearly attractive.
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Thursday 28th March – ASX200 +80pts, All Time High, Retail Sales
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Performance for February & 4 stocks we like here and now
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Thursday 28th March – DOW up +477pts, SPI up +60pts
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MM is bullish BKW.
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