NVT 0.00% $5.82 navitas limited

beaten down

  1. 433 Posts.
    Anyone looking at this stock?

    Share price has been beaten down to near 52-week lows (nice rally on Friday though). Good dividends (6.2%), still high P/E, and company expects headwinds for fiscal 2012 but better times beyond by fy 2013 due to policy changes.

    I may probably jump in on a dip - education is a bullet proof sector and something people well throw the kitchen sink at to get.
 
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Currently unlisted public company.

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