the LMI monthly update discusses cash reserves for LIC's and movements in the industry. LSF is reported as having 10 years worth of reserve cash. this seems pretty extreme and is way over the industry average?.
I would interpret this as meaning the will continue to increase dividends and you can pencil in divs regardless of the market for 24 months??
also in regard to discount to NTA. if the difference is too great the funds are taken off the market (or are taken over perhaps?) eg FOR is the latest.
the articles and ratings are a good read. LMI Monthly Update. I get mine from Rudi's web site suppose they would be direct as well.
- Forums
- ASX - By Stock
- LSF
- Ann: Net Tangible Asset Backing
Ann: Net Tangible Asset Backing, page-4
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LSF (ASX) to my watchlist
|
|||||
Last
$3.13 |
Change
0.030(0.97%) |
Mkt cap ! $1.948B |
Open | High | Low | Value | Volume |
$3.12 | $3.13 | $3.09 | $1.139M | 366.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12616 | $3.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.13 | 29873 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 3.100 |
2 | 4500 | 3.080 |
1 | 15000 | 3.070 |
2 | 13000 | 3.060 |
2 | 29000 | 3.050 |
Price($) | Vol. | No. |
---|---|---|
3.130 | 27257 | 2 |
3.140 | 10500 | 2 |
3.150 | 54850 | 3 |
3.160 | 33333 | 1 |
3.180 | 16667 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
LSF (ASX) Chart |