I bought into the 1st + 2nd TLS offer .. then i watched TLS crash to 2.65 or so ..I held on for the Income ..and started adding at 280 Just for the 15% income ..a No Brainer !!..in 2010 i think ..
Since then i haven't looked back .and now TLS has Sales Growth kicking in and DIVIDENDS rising to 38c + Franking soon..YAY !!!!
SBB divs may start low ..but i feel once the CEO gets used to paying regular Divs and watching the sp + his Wealth Grow ..the Divs will Grow each year too ..
i look forward to 2c divs in a couple of years ..
when Sales growth is UP = EPS + Profit is UP = Divs UP too.
SBB Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held