Based on current announcements and a whole lot of assumptions, what would you pay for a company that:
- Est 2016 NPAT of approx $10m.
- Est fully franked dividend payout of around 60% (this equates to 4 cents per share or on a grossed up basis 5.7cents) or >12%
- No debt
A lot more than 30 cents per share (i.e. market cap of $47m)
The only reason this company is trading at these levels is because the company has had three profit warnings. It is almost expected they will issue another before year end.
I am happy to accumulate more at these levels, however, it does make me slightly throw up when I see the share price hover below 30 cents. I am up to my eyeballs in this stock and have a bias towards them, however, if we can get a positive strategic review and confirmation of divies being paid, I am happy as long as the stock can at least maintain the current level. >12% beats 2% at the bank.
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Last
26.0¢ |
Change
0.010(4.00%) |
Mkt cap ! $37.43M |
Open | High | Low | Value | Volume |
26.0¢ | 27.0¢ | 26.0¢ | $34.35K | 130.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 70000 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 17771 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 70000 | 0.260 |
2 | 8000 | 0.250 |
2 | 28429 | 0.245 |
1 | 52342 | 0.240 |
2 | 102500 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 17771 | 1 |
0.275 | 25402 | 3 |
0.300 | 20000 | 1 |
0.310 | 50300 | 2 |
0.330 | 7150 | 1 |
Last trade - 14.37pm 09/08/2024 (20 minute delay) ? |
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