IPA indigo properties australia limited

Just wondering if anyone has any information on this leittle...

  1. 5 Posts.
    Just wondering if anyone has any information on this leittle beauty of a stock Indigo Pacific (IPA). Company pays a yearly dividend of 11c fully franked with share price currently 84c. Was just wondering if anyone has any views on this stock or any ideas as to what to expect.

    I read recently they sold a property 12 months earlier than what was anticipated and realised a profit of $1.1m higher than what was first thought. They are forecasting the dividend to increase by 20% per annum for the next 2 years.

    Any ideas folks!!!
 
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