MVT 0.00% 16.0¢ mercantile investment company ltd

Cannot remember how much they had in Joyce Corporation (JYC) but...

  1. 191 Posts.
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    Cannot remember how much they had in Joyce Corporation (JYC) but looks like they will double their money with the share price rise after the property sale. Even at the higher share price they should get a 10% FF div for the next 3 years. Good example of identifying an undervalued share and having the patience to see it through.
 
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Currently unlisted public company.

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