Dear %%first_name%%,
You know me, I don’t like to skite – but I do like to point out good value for our subscribers. Yesterday there was some great value to be had for anyone who had followed Paul Rickard’s advice for Westpac and BT Investment Management shareholders to buy shares in the BT share subscription plan on 22 June.
The offer closed over-subscribed yesterday and Paul says, it was “a very low risk way to make money for Westpac shareholders”. Paul went all in for $10,000 and is up $1,952 (on paper), but even if you’d gone in for just $5,000 you would have made over $1,000 and you would have more than paid for your annual Switzer Super Report subscription!
In more money-making ideas for you today, we’ve got Charlie Aitken’s view on US dollar movements and how to get exposure, and James Dunn reviews the retail sector to single out the flyers and the divers and those that just might be taken over to create some extra value for shareholders.
Roger Montgomery explains why CEOs should be paid less, not more; in Buy, Sell, Hold – what the brokers say, Cochlear and Flight Centre get upgrades; and in Questions of the Week we take a look at a new float and ETFs.
Sincerely,
Peter Switzer