Here is the valuation from August, rising over the next few years y 10-15pc. sure, it is slightly ahead of valuation, but look at the income and dividend.
Date FSNROE Dist Reinv RR Exchange Rate Value 16/8/12 16.0% 13.7% 2.3% 14.6% $1.00 $1.28
I am a buyer, looking for my first parcel of this company. I think earnings are at the bottom of the cycle in this sector. HSN and OKN both have some great aspects in like. No debt, cash, and nice payouts.
Any other ideas?
OKN Price at posting:
$1.37 Sentiment: Buy Disclosure: Not Held
