buy TAH, ignore bearish brokers, page-7

Well example ARP or ARB 4wheel drive retailer. released their FY dividends in 2014. Special divi fully franked 0f $1.00/ share.
Before the record date the ARP share price was $13.00. Ex dividend the shares retreated to $10.50ea
Now the shares are worth around $12.00 down 8% ( 13/12 =8% )

I took up 3,000 ARP shares.

So TAH is a similar decision. but has been an under performer for five yrs. and debt/ equity is 65%.
Post the exdiviend date this April ...So expect the share price to dive back to $4.00 ( 20% from todays price )

Just reflecting '''' Feb 2015 1 for 12 rights issue of $3.70 (ironic that the issue was $3.70 LOL. investment bankers are not stupid ) just a calculation 4.85/3.75 = 29% decline

UPSIDE is they predict further good announcement for FY 2015
current eps 19c ( morningstar )
estimate 2015 eps 22c
esti 2016 epa 23c

So the options 1/ participate in the special divi at 30c plus 10c plus franking credit 40c ... tax benefit
2/ invest post the dividend and maybe get some growth of 22% $40,000 x 1.22 $49,000 before tax if u sell.
3/ buy a good car for the girl lover.. and just pay the rego each yr.
all takes patience what ever we do


my opinion