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
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Last
67.0¢ |
Change
-0.020(2.90%) |
Mkt cap ! $1.530B |
Open | High | Low | Value | Volume |
68.0¢ | 68.5¢ | 67.0¢ | $5.762M | 8.514M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 508919 | 67.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
68.0¢ | 69408 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 360771 | 0.670 |
7 | 115254 | 0.665 |
10 | 303726 | 0.660 |
3 | 3090 | 0.655 |
13 | 135077 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.680 | 69408 | 3 |
0.690 | 175064 | 6 |
0.695 | 224701 | 9 |
0.700 | 190970 | 16 |
0.705 | 266667 | 6 |
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