Now we see it! Oh no we don't.
How can it possibly be $18 per share?
A $3 dividend in 2012 is now looking conservative with a likely dividend of $4 per share in 2014.
Cost of $3 dividend $590 million and $4 at $685 million.
Profits are set to treble on Felix Resources forecast coal production of 15.7 million tonnes by 2012, to $900+ million after tax.
At $18 a share and a $4 dividend in 2014 this put a forward fully franked yield of 22.2% on Felix stock.
At $27 a share this works out at a fully franked 14.8% yield.
ON FUTURE PROFITABILITY FELIX RESOURCES ARE EXCELLENT VALUE at $27 per share.
Now we see it! Oh no we don't.How can it possibly be $18 per...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.76M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11262 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 15366 | 1 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| FLX (ASX) Chart |
Day chart unavailable