I repost my post on 2 Sep last year which was in question by yourself, which was basically what management told you today, the upgrade of profit (300% increase) was due to growth and currency!
once report is released in two weeks, you might release their debt is gone, and therefore, they are going to upgrade the div payour ratio as well given its family business....
below was posted 4 months ago:
SDI will have story of growth margin, currency, and story of net profit...
My suggestion was based on div payment of 4c after payout debt... wrong?
The only reason sp kept at under 60c was lack of institution control, 200mil wont be the end of SDI story imo
SDI Price at posting:
74.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)