AHD 1.31% $15.80 amalgamated holdings limited

extraordinary deal for exising shareholders, page-7

  1. 91 Posts.
    This stock is for the long term holders you are not going to make a quick buck out of it. Once all the dust has settled from the right issue I think the price will come back a little. If you buy around $6.00 you are getting a fully franked dividend of 5.3% and I could see it going to around $5.50 short term which gives fully franked yeild of 5.8%. At the current price of $5.80 it is a p/e of 10.5 which is cheap. As I have stated previously with the moderate growth attached and being a small cap stock it should trade around a p/e of 13 to 15.

    Cheers Hoisty
 
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