MRM 0.37% $2.69 mma offshore limited

ELTONMRM is a good stk which has many good yrs ahead.are you an...

  1. 1,168 Posts.
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    ELTON

    MRM is a good stk which has many good yrs ahead.

    are you an investor or trader ?

    you said you got a few mths back.
    so really you never got at a p.e.of 18

    for example. only

    if $3 and pe is 20
    then $1.50 is 10

    yr low was 65c and 2009 full div was 6c eps 14.4c

    div pay out ratio 32% could be higher but this is in growth phase. and also getting over gfc

    It all depends on your outlook and overall plan I guess.

    I think this is a safe bet if you want to park funds safely.
    And still get growth and divys
 
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