AHD 1.31% $15.80 amalgamated holdings limited

This stock is for the long term holders you are not going to...

  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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