I must admit that I was disappointed that the divi was not higher. With $27m cash on the bal sheet and cash going into investing activities running below $2m per annum (for the past 2 years), a loosening of the cash to shareholders would have been nice.
Africa being segmented out is interesting. It is contributing 15% to the total business ebit. Watching to see whether Africa grows to become a bigger proportion of the revenue could affect the franking ability over time. Potentially LYL are keeping their franking credits to continue to pay a franked dividend while the African projects are a reasonable part of ebit.
A good solid result. The company appears to be well managed, just gets on and does what it needs to do and delivers to shareholders.
HT1
Ann: 2011/12 Results , page-4
-
- There are more pages in this discussion • 5 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 LYL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$12.44 |
Change
0.230(1.88%) |
Mkt cap ! $494.3M | |||
| Open | High | Low | Value | Volume |
| $12.40 | $12.56 | $12.29 | $534.0K | 43.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3131 | $12.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.44 | 597 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| LYL (ASX) Chart |