i've held for nearly 2 years now petunia. I dividend reinvest with them, and essentially what happens is they climb to the $1.80/$1.90 mark pre dividend, you get a whopping 10c dividend each 6 months, following this the SP usually drops to around $1.60-$1.70 so you get DRP shares at a lower price as well, and then it continues to hover in the $1.70-$1.80 range.
So while to date there hasn't been massive capital growth, when it yields 10% and you almost always get the DRP shares at a reasonable discount, even if i eventually sold at $1.80 my return is still going to be pretty neat.
The main issue surrounding DUET is the debt. Which they have a reasonable amount maturing in 2012 however previously they have been pretty successful at re-financing etc. Will see what happens i guess but i've decided to stick with them for now.
- Forums
- ASX - By Stock
- DUE
- Ann: Macquarie Singapore Presentation
Ann: Macquarie Singapore Presentation , page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)