My view on AVJ is that the current market conditions should persist for at least 18 months. Have a friend in the industry who has backed up my overall assessment of the property development market. This could lead to significant dividend payouts to shareholders.
My rationale is a s follows:
Interim Dividend 1.0c Actual
Final Dividend 3.0c My Fcast based on prev years final dividends
Total Dividend F15 4.0c
Add Back Frank Credit 1.71428c
Total Div Value 5.71428
Therefore Div Yield = Total Div Value divided by current share price
Equals 5.71428c divided by 65c SP = 8.8% DY
5.71428c divided by 75c SP = 7.6% DY
The above statistics demonstrate their is potential for significant value for shareholders in SMSF in retirement mode or TTR mode.
Cheers W2
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Last
49.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $372.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| AVJ (ASX) Chart |
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