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gonegassed

13,783 Posts.

09/12/14

10:58

Post #: 14431399
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Originally posted by decrisper ↑

I recently topped up at average of $2.63. Yield is good and company has recently announced that the business is tracking well ("record strong start to the financial year") and continuing to grow. The first half results are due late Feb. 2015 and I am hopeful that the half year dividend will be around 8.0-8.5c - not unrealistic. That gives a yield of well over 6% fully franked. Track record is good. Borrowing (total debt) - NIL, Cash Assets $12M.

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WHY is Moc falling ??

MOC Price at posting: $2.13 Sentiment: Buy Disclosure: Held
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