BCI's changed status from explorer to producer relieved it of the quartely need to publish a cash flow in Jan for the Dec quarter. It did note in its activities report that the operating cash flow for that quarter was $88.6M. This combined with $77.483M from the Sept quarter gave a first half operating cash flow of $166.083M.
So: $166M x 30% tax = $49.8 (166-49.8 = 116.2)
: $116.2-cap ex($10M)=$106.2M x 0.6 payout ratio=$63.72M
: $63.72M / 124M shares = 51.3cps
If they do this next half it would be a full year payout of $1 approx which puts in on a yield of 18.6%, fully franked at $5.35.
Marcus Padley would say something is wrong then...too good to be true. It remains a play on the IO price and the $A.
I am sure we will have satisfactory management performance.
I remain confident, especially of the $A falling which is a cruciual part of the equation.
Good luck to all for the half yearly's.
- Forums
- ASX - By Stock
- dividend
BCI's changed status from explorer to producer relieved it of...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCI (ASX) to my watchlist
|
|||||
Last
24.5¢ |
Change
0.005(2.08%) |
Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
24.5¢ | 25.0¢ | 24.0¢ | $198.5K | 812.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44912 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 377190 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.240 |
7 | 219661 | 0.235 |
20 | 280433 | 0.230 |
4 | 169966 | 0.225 |
12 | 309380 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 377190 | 3 |
0.255 | 143921 | 2 |
0.260 | 19663 | 2 |
0.265 | 100000 | 1 |
0.270 | 146470 | 5 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
BCI (ASX) Chart |