FNArena Talks | Apr 12 2012
By Rudi Filapek-Vandyck
For those who missed it: a few weeks ago I declared on Switzer TV investors might be better off buying shares in IT services provider ASG Group ((ASZ)) instead of in BHP Billiton ((BHP)) as the former had solid dividend support while the latter was looking rather vulnerable in the face of a tougher outlook for risk assets. That statement has since triggered a wave of responses, both supportive and dismissive, and not only via Peter Switzer.
The matter was again raised in last week's appearance on Switzer TV, following a viewer's response, so I tried, again, to explain why it is that sometimes the bicycle is preferred instead of the Lamborghini. I also predicted a rough patch for equities and see what has happened since?!
Note this latest "controversy" follows on from my earlier observations that BHP shares have proved a rather questionable investment for long term, Buy-and-Hold investors. All this was before the IMF weighed into the discussion by stating that commodity prices have now peaked and lower prices should be expected for 2012-2013.
To view the latest video of my appearance on Switzer TV click HERE or copy the following link in your browser: https://www.fnarena.com/index2.cfm?type=dsp_front_videos&vid=78
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