On the contrary support for SP will come when people take notice and realize the quantum of EPS growth every quarter.
There are only handful of institutions on SDG's register each under 6% - and they will hang on to their holdings like a child to a lollipop year after year because of the dividend's stability with such little downside.
I am expecting a final dividend of 6-7 cents to be announced soon for September.
Morning Star has a $1.88 price target my guess is NTA is more like $2.60 so even $1.88 is a significant discount to SP.
In conclusion company is reducing the quantity of shares available for trading if the demand is consistent (not changed) that should translate to much higher prices - I am going to hold.
- Forums
- ASX - By Stock
- SDG
- Forcasting 10% increase EPS
Forcasting 10% increase EPS, page-7
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online