IMS 0.00% 69.0¢ impelus limited

Herald Sun Article, page-6

  1. 1,434 Posts.
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    Yes Pods I was going to call Sky business myself and ask them why this stock is so undervalued and to get their thoughts on it. I've been investing for a long time and can't fathom why the market won't re-rate this based on the future earnings like most tech stocks.

    Someone I know very well who is a WB fan tells me to relax, stick them in the draw and the EPS growth will send it north, much like his beloved St George Building Society shares did when he paid $1.15 in 1986. They of course changed to StGeorge Bank and WBC swallowed them. They are now paying him a $1 or so dividend every 6 months giving him back his original investment. Sweet.

    MBE will do exactly the same in due course IMO with a dividend of 1c, then 2c (providing me with my original back) and hopefully one day something closer to 22c for the punters buying today with a long term outlook. Imagine the SP as the profits grow at the conservative projections of Collison's?

    Mr Buffet I'm sure has bought into similar companies in their infancy that are paying him back incredible returns and perhaps his people might have a look at our stock one day if they hit the US telcos and make some noise.
 
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