AVJ avjennings limited

Same divi as last FY. Profit took a ~ $6m hit die to accouNting...

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    Same divi as last FY.

    Profit took a ~ $6m hit die to accouNting determination, this will be picked up in this FY.

    Results were very solid, just not as solid as i anticipated.

    Very well managed company.

    Real estate not the flavour of the month after a sterling run, AVJ largely (but not completely) shielded from property downturn.

    Recently went ex div. which was approx 5%

    good buying opportunity
 
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