Hi Pixie
The company's EBITDA for the March qtr was 30% higher than the Dec quarter. They are growing very strong organically at present.
Should be trading at a much higher pe ratio. They have demonstrated their ability to exceed profit forecasts quite regularly.
Definitely one of the safest stocks on the ASX at present. Shareholders will be rewarded very handsomely through dividends and strong capital growth for years to come.
I anticipate a 0.3/0.4c div coming our way this financial year. It would send a strong signal to the market that the company has a very bright future.
Not worried at all about TOX and am not concerned with daily price movements as this one is for the long term
Cheers
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