SVR 4.27% $1.22 solvar limited

Ann: Solvar 1H FY23 Results, page-13

  1. 7,273 Posts.
    lightbulb Created with Sketch. 2066

    yeah the buy back stalling combined with still offering DRP is frustrating. Company is on a single digit PE and it likely rates begin to come down in FY24 from here, that will be nice tailwind. I dont understand why they'd increase the dividend so much, yet not the buyback? I guess one can personally so what the company is not not, but yes strange capital allocation.


    If they're linning up an acquistion we better hope the target has a PE of less than 8.

    Let's hope they didn't pay anything for the rebranding.
    Last edited by JoeGambler: 16/02/23
 
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