DFM
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0.00% 83.0¢ dongfang modern agriculture holding group limited

Great result indeed! Well over IPO forecasts and the dividend is...

  1. Otta
    112 Posts.
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    01/03/16
    09:16
    Post #: 17150638
    Great result indeed! Well over IPO forecasts and the dividend is a nice little bonus. Massively under valued company that will slowly start to win over the skeptics who think Chinese companies are too risky. The dividend payments should set DFM apart.

    Will be better for the share price in my opinion if they up the dividend payout ratio and fund any acquisitions/expansion with a small amount of debt (initially at least) given they don't have any at the moment.
    DFM Price at posting: $1.60 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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