I've owned BGG for a while and though I'm kicking myself for not selling it in the high 31's, I'm still ITM on it and there's always the dividend.
BGG is kind of a weird one for me. In the account I have this one, I only buy dividend-payers (ELN and LSE:AFN being the only exceptions), and sometimes I find myself amazed that I've got this position. Like the company, like the chart, hate the product.
For about 3 years I've refused to buy anything with a BGG engine because Honda makes a far superior engine. Of all the BGG engines I own (surely a dozen), only one runs and starts on the first or second pull. And the rope broke on that one recently. I have at least twice as many Honda engines and they all start easily and run great. Even things like water pumps which I tend to neglect until I need them. I've got one down by the lake that hadn't been started in at least 2 years, put fuel in it the other day, and it lit right up after a few pulls. Fortunately I always run it until it runs out of fuel, so no carb gumming issues.
I'm in this one for the long haul because I like the chart, like the dividend (a little), and like to think that perhaps the beating Honda is giving them is finally one they won't take laying down. |
