For people who like dividends only. Fairly thinly traded stock so just a holder for dividend and growth..most shares in hands of the company, its directors or employees. A stockbroking company.
Paid 14% ff dividend last year. PE of around 6 from memory. Growth in profit more that 100% (again from memory - check announcements).
COmpany says profit growth may not continue at 100% as it is due to the resource boom. As it seems to be continuing even accelerating, could assume profit growth be at least that again.
Plus I own quite a few of the 50 cent oppies convertable for 50 cents in a month so I would like the share price to be sitting above a dollar so I can use money from the sale of half the oppies to convert the other half into fully paid's :)
Shes been a good stock to me, well loved, only two owners since issue, and I love the dividend cheque. Got a few thousand dollars a couple of months ago and that was on top of the interim dividend :) and the stock is pretty much back to where it was before dividend again.
EZL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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