I'd be surprised if anyone was acting on information that wasn't publicly disclosed. Just 1.5% of the company's shares have changed hands in the first 5 months of calendar 2019. So the share price tends to drift in either direction in the absence of price sensitive information. The most recent guidance is for full year EPS growth of 10 to 15% which infers a PE of around 14.5 times 2019 earnings. The gross dividend yield would be around 6% at the current price, pretty decent value in this market and this interest rate regime I think.
I'd be surprised if anyone was acting on information that wasn't...
Add to My Watchlist
What is My Watchlist?