SDG 0.00% 7.3¢ sunland group limited

On the contrary support for SP will come when people take notice...

  1. 356 Posts.
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    On the contrary support for SP will come when people take notice and realize the quantum of EPS growth every quarter.

    There are only handful of institutions on SDG's register each under 6% - and they will hang on to their holdings like a child to a lollipop year after year because of the dividend's stability with such little downside.

    I am expecting a final dividend of 6-7 cents to be announced soon for September.

    Morning Star has a $1.88 price target my guess is NTA is more like $2.60 so even $1.88 is a significant discount to SP.

    In conclusion company is reducing the quantity of shares available for trading if the demand is consistent (not changed) that should translate to much higher prices - I am going to hold.
    Last edited by JeffA: 20/05/19
 
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