re: Ann: DJS - David Jones Half Year (1H09) R...
Great announcement. Could see fundies buying back DJS. Maintaining the dividend is a big plus, as so many other stocks have cut theirs. Could see price move up from here as the dividend harvesters move in as well. Could see $3.20 before going ex-div in my opinion. I bought in today in the hope this will eventuate.
Bottom line is the company is superbly positioned for the recovery when it comes, so good long term buying as well.
DJS Price at posting:
$2.70 Sentiment: Buy Disclosure: Held
