SVR 0.75% $1.34 solvar limited

Ann: MNY enters NZ Market and exits SACC with sale for $46m, page-22

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  1. 22,815 Posts.
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    Kind of hard to figure out what's going on with the sp over the last few days, all the headwinds have been removed unless you believe the economy is really going to struggle.
    MNY have forecast 10c a year dividend for the next 2 years so a solid 5%+ yield & a PE of less than 10 for a company funded for strong organic growth.

    After the results & SACC exit i didn't think the sp would go below $2.00 so for me it's definitely a buy now for a target of around $2.40.
 
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