The dividend I got last year was such a whopper, it equated to almost 30% of my investment in the stock (I bought cheaply). And there is more to follows after the next payment by PTT.
Straits is so undervalued it's not funny. The amount of cash they have in the bank by march will be around $300M. The market cap of SRL is only around $420M.
Sooner than later, SRL may announcement major acquisition of copper assets. As a copper play (I think eventually base metals / coal split to be 80:20), SRL SP will sky rocket as copper is the new gold.
This is a long term hold stock for some serious capital gain IMO.
SRL Price at posting:
$1.73 Sentiment: Buy Disclosure: Held
