NPAT was $0.7 million in first half and range is $4.7 to 5.25 for full year. That suggests $4-4.5 in 2H. Assuming just a repeat of the second half for the full year in 2019 that gives NPAT next year of $8-9 million (or around 17 cps) and a PE of around 7-8 at $1.20 given 48.5 million shares on issue. Dividend guidance is up to 65% of NPAT. If they paid 8 cps in dividends (near 50% of NPAT) the yield is 6.7%. Can they deliver?
- Forums
- ASX - By Stock
- TNK
- Ann: TNK market update - acquisition of 5 centres
Ann: TNK market update - acquisition of 5 centres, page-2
Featured News
Add TNK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online