Solid year-end result from Colorpak. NPAT of $6.2 million was in...

  1. 158 Posts.
    lightbulb Created with Sketch. 18
    Solid year-end result from Colorpak. NPAT of $6.2 million was in the middle of previous guidance.
    - special dividend of 1 cent in addition to the 1.75 cent final is nice to see. 4 cents of fully franked dividends in total for the year.
    - I wasn't expecting the $5 million capex for the 2009 year but it seems that they are getting strong growth in Sydney and the additional capex is to take advantage of current opportunities in the cartoon and flexibles markets.
    - they are expecting further growth in sales and profitability in the 2009 year.

    Strong surge in price after result but still cheap - share price of 53 cents puts the stock on a PE of 6.9 and a bumper dividend yield(with special) of 7.5% fully franked (grossed up 10.8%).

    any thoughts from other investors?

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.