KOV 0.41% $9.70 korvest ltd

i was going to jump in yesterday & buy the stock but decided not...

  1. 37,911 Posts.
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    i was going to jump in yesterday & buy the stock but decided not to due to the poor liquidity

    but i bought KOV once before in the same situation. 1st buyer after the profit announcement and eventually reached its far value. took the dividend and then also sold the shares for a profit

    KOV has no debt. it is just a dividend payer, which is awesome

    35 cents for the half is an annualised 20.5% return before tax on the $4.90 share price

    good luck. hope the price appeciates up to ex-dividend. if one can sell for a capital profit on ex-dividend then it is a double profit with the 50 cent dividend (before franking)
 
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