Hi All, this is not a post specifically about AJA, but not sure where else to put it.
For starters, if we are to believe the company guidance of a 7c full year DIV for this coming financial year, then as you all know, thats a 15.5% return on current share price, just for the DIV alone.
I just topped up today at $0.445, would love to see it drop lower to accumulate some more. I can't see it dropping back to $0.42 or lower with the market depth the way it is.
I thought some of my infrastructure funds returning 12% and 13% were great, but if AJA is giving 15% plus, I'm thinking maybe there are more out there.
Do you guys know of any shares returning 13% or more on the DIV at todays share price that I can buy into??
I can get 13% from TSI, but I am already overweight. SKI has dropped back to about 11.5% as its SP has steadily risen lately. I am out of MCW at the moment, but they are only looking to be around 10% at todays price.
Any prospects you guys can point me towards?
AJA Price at posting:
$4.50 Sentiment: Buy Disclosure: Held