SHJ 4.73% 77.5¢ shine justice ltd

Are people seriously trying to find fault in a company taking a...

  1. 165 Posts.
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    Are people seriously trying to find fault in a company taking a position in SHJ because it's severely undervalued? If you get vultures, tax cheats , up or down investors in your stock it's because somebody's speculation senses opportunity, I.E sees value beyond the market price. This is a good thing but will mean once more the stock available to regular punters will be scarce , ala fast chutes. The most important thing that should be discussed is managements refusal to adhere to its miserable 40% dividend payout and I hope someone takes them to task on this at the AGM. If you're going please hit them between the eyes on this issue 11c+ = 4c+ no more excuses, they've never hit there advised target on any annual period yet. Pressure has seen them not bolster the reserves further, now let's make them reward the faithful.
 
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