Operating profit seems to be growing again after a few years of stagnancy.
My guess is the after tax profit for 2016 will be around $1.7 million.
And if they keep the dividend payout ratio at 100%, then we could possibly be looking at a $0.02 final dividend, bringing the total to $0.04 for the whole year.
An increase in dividend will be welcomed after watching the share price yoyo-ing between $0.60 and $0.70 for so many years.
I've been waiting for a very long time for management to be successful in convincing SOL's affiliated companies to move their registry to ASW. If they can get NHC, BKW, TPM to move, this will help to increase ASW's profile significantly, and in turn it will be easier for ASW to secure bigger clients.
Likelihood of this happening: quite low.
ASW Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
