AVJ avjennings limited

Personally I sold out in the seventies. The half year accounts...

  1. 2,475 Posts.
    lightbulb Created with Sketch. 734
    Personally I sold out in the seventies. The half year accounts showed operating cash flows -$1 million, investing cash flows -$1 million and dividends -$13.5 million. Net borrowing of $20 million was the reason cash held rose. Thus the dividend was paid by borrowing. I still hold VLW, but I am happy to be out of AVJ. Still good luck to those remaining.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.