Maybe share price needed adjusting!
@ $3.30 I make current dividend yield 5.75% which is just acceptable as to.
@ $3.60 div yield 5.3%
what is more important to see if company is profitable is earnings yield
@ 3.60 I make earnings yield 6.1%
@ $3.30 earnings yield is 6.7%
Single digit is not growing or highly profitable.
3 years ago earning yield was double digit.
But the strange thing is Free cash flow shows steady growth year after year.
Company increased profit by 11% for the FY.
I think its the $140m they are holding in cash.
I believe AZJ offered to buy pier 29 in South Australia, to get a presence in South Australia stevedoring.
South Australians don't like interstate interest taking over South Australian interests.
I was told by a local "Good luck trying to buy that".
Meaning you have a fat chance of doing that.
Now they plan a share buyback which will shore up the balance sheet a little.
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Last
$3.28 |
Change
-0.020(0.61%) |
Mkt cap ! $6.037B |
Open | High | Low | Value | Volume |
$3.28 | $3.31 | $3.16 | $53.21M | 16.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
132 | 230054 | $3.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.29 | 342618 | 103 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
122 | 199247 | 3.280 |
64 | 387610 | 3.270 |
30 | 275869 | 3.260 |
27 | 363689 | 3.250 |
23 | 319777 | 3.240 |
Price($) | Vol. | No. |
---|---|---|
3.290 | 387688 | 99 |
3.300 | 292270 | 47 |
3.310 | 211744 | 20 |
3.320 | 119485 | 17 |
3.330 | 218798 | 9 |
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