The business is growing at a slower rate than anticipated but it is still growing, and that for a company of this size is good enough for me. Growth, a 6% dividend and a PE of 12.5 in this market is fantastic value as far as i am concerned. They have both category and geographical diversification. They are vertically integrated. Management is solid and experienced. Debt levels are acceptable.
Happy to hold this as part of a well balanced portfolio.
When would i sell? If the dividend stopped growing for 2 consecutive halves and if the PE rose above 16. As long as those 2 things don't happen i can't find a good reason to exit.
The name is already at my maximum allocation in the portfolio for a single stock, so I can not buy more today. If my internal permitted it i would be buying more under $5 with great conviction.
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Last
6.7¢ |
Change
0.001(1.52%) |
Mkt cap ! $166.9M |
Open | High | Low | Value | Volume |
6.6¢ | 6.8¢ | 6.5¢ | $164.8K | 2.509M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6213 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 177915 | 2 |
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No. | Vol. | Price($) |
---|---|---|
1 | 6213 | 0.066 |
10 | 829143 | 0.065 |
3 | 835689 | 0.064 |
4 | 75714 | 0.063 |
2 | 78612 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 177915 | 2 |
0.069 | 603065 | 4 |
0.070 | 521673 | 9 |
0.071 | 292193 | 5 |
0.072 | 159566 | 3 |
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