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strong buy
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This is a solid company in a deflated building market. The cement industry has been pummeled around the globe, but one of the first things that nations will be spending on once cash is flowing again is infrastructure. Solid revenue growth long term and bargain basement prices that's what I like!
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Sounds like a sound company, which will be engaged in a lot of infrastructure in the near future.
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just follow the mining stock
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Cement makes me feel warm and fuzzy.
Recs
Saw this pitch from someone else quite awhile ago. South Africa is a growing economy. This pick is very speculative, and what sold me was the tasty 13.5% dividend. I picked up 60 shares at 8.85
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Welcome to Barloworld
http://www.fool.com/investing/international/2006/12/27/welcome-to-barloworld.aspx
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Fool UK
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