asz bearish spp .52 cents drifting down, page-14

Hi Mauro

Index Participation
Index Name Weight
All Ordinaries 0.01%


Value 2
Above avg Risk 3
Average Growth 2
Above avg Income 1
Highest
Summary
Previous Close $0.570
52 Week High $0.924
52 Week Low $0.500
P/E Ratio - Important Note 7.47
Sector Software & Services
Market Cap $118 Million
Price/Net Asset Backing --

Total Shareholder Return (avg annual rate)
1yr 3yr 5yr 10yr
-26.6% -11.2% -14.3% 2.1%

Earnings & Dividends Forecast (cents per share)
Curr 2013 2014 2015
EPS 8.8 6.4 6.9 7.9
DPS 4.8 5.0 5.5 5.8

This is as I see it:

At close yesterday $0.57, $.05 dividend =8.8% dividend + 100% franking credits $.0214 = grossed up of 12.5%.

Either way it is a win as long as you believe in management moving forward. BTW PE at this price is pretty cheap.

I know it is a late post but was bored and was looking through old threads.

Cheers and happy new year

Matt

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He, who dies with the most toys, Wins!