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4.37% $1.32 solvar limited

Ann: Solvar 1H FY23 Results, page-13

  1. JoeGambler
    7,380 Posts.
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    16/02/23
    11:25
    Post #: 66283269

    yeah the buy back stalling combined with still offering DRP is frustrating. Company is on a single digit PE and it likely rates begin to come down in FY24 from here, that will be nice tailwind. I dont understand why they'd increase the dividend so much, yet not the buyback? I guess one can personally so what the company is not not, but yes strange capital allocation.


    If they're linning up an acquistion we better hope the target has a PE of less than 8.

    Let's hope they didn't pay anything for the rebranding.
    Last edited by JoeGambler: 16/02/23
    SVR Price at posting: $1.92 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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