HUM 1.81% 81.5¢ humm group limited

endless insto sell down, page-8

  1. 325 Posts.
    Harry, as stated HVN have a long term contract with FXL & I'm also informed that Jerry Harvey is a significant shareholder of flexigroup. So although the SP is extremely dissapointing, however with such a high yield (just banked a large cheq last month)IMO it won't be down at these levels too much longer and its drop is possibly due to End of Year Financial write offs etc. So with a Huge divi you can hold this one long term with possibility of a large upside of SP & then 50% CGT exemption on its gain after 12mths.
    As always DYOR & best wishes to all holders
 
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