Short Term Trading Week Starting: 19 Sept, page-362

DSB
Saber, sometimes just go to the threads as there are sometimes sensible people on them that actually do provide basic quality FA.

http://hotcopper.com.au/threads/60-payout-ratio-going-forward.2906003/#post-19321103

Short and curly, is - Sector re-rates on both fronts, coal + mining services.
estimated EPS of 4cps 2017 so forward PER less than 5x

Low Cap, low EV, no debt now...so leverage to an upturn in cycle is strong. (hence recent NHC pilot)

Finally, look at a 5 year chart for volume smoke + add a value fund taking 11+% and what I think is on market single large buys soaking up tightly held insider stock.

I estimated fair value around 30c or further 50%+ upside with a low PE of 7.5x next year.

+ paying a 60% FF dividend. 10%+

I like these tightly held value plays, have always produced great returns for me.


regarding STT, if I tipped it quick enough 12c to 24c within a week. Sometimes they move too fast.