BLY 0.00% $2.91 boart longyear group ltd

higher dividend needed to underpin share price, page-6

  1. 1,059 Posts.
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    I hold and occasionally trade the stock.

    It feel to me at the moment that we cannot get a bid and when we do large sell orders take it out.

    The NAB controlled funds were in at 2.70+ early July and are not out as yet. That presents a bit of an overhang on the way back up unless they are out and yet to announce.

    The first half results are going to be pretty good and give us a ridiculous PE.

    The questions are outlook, Capital investment and dividend policy. I think, given the bullish statement to date we will get a beat and an interim dividend lift.

    The question will be H2.

    Scheduled to report mid next month, so I would not be falling on my sword before that.
 
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