sign of life at last

City Pacific seems to be getting some signs of life back into its share price, up from $4.40 to $4.68 in the past three weeks. Not a lot of movement, but more than the last few months.

Interestingly, CIY gets ranked third when doing a search on Comsec for high yielding, coupled with forecasted strong EPS growth.

STOCK AFTER TAX YIELD 2YRS EPS GROWTH
CRT 9.5% 233.3%
MIG 6.7% 111.7%
CIY 5.8% 28.5%

I hold, hoping for more of a rise in share price now that the takeover of Terrain is unconditional.


Best of Luck.

TDF