How is this trading at a premium, page-5

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picastoc

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22/01/19

14:02

Post #: 37187225
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Originally posted by corp01 ↑

True comment re premium, However, sometimes it trades at a discount so that provides an opportunity for long term investors (ie, 10 plus year investors) looking for income stability (I think AFI has never reduced its dividend since it was first established in 1929). I just like to note that over a longer term (more than the last 10 years) AFI has marginally outperformed the ASX200.The under performance in the last 10 years or so reflects too much exposure to the banks and too little exposure to those parts of the market that have performed well over the last 10 years.

I hold AFI as a long term investment because of its stability, obtain exposure to essentially the ASX200 and a fully franked dividend stream. I then invest in individual stocks (including exploration companies) some of which do well but some do not so well (and unfortunately some do very badly).

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The forthcoming dividend of 10 cents plus 8 cents (special dividend) is welcome, given that both the ordinary and the Special dividend carry 100% imputation credits. A pleasant surprise for loyal AFI supporters (and indeed any other AFIers).....

AFI Price at posting: $6.21 Sentiment: Sell Disclosure: Held
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(20min delay)
Last $7.51		Change 0.010(0.13%)		Mkt cap ! $9.417B

Open	High	Low	Value	Volume
$7.51	$7.53	$7.49	$2.954M	393.4K

Buyers (Bids)

No.	Vol.	Price($)
2	4800	$7.50

Sellers (Offers)

Price($)	Vol.	No.
$7.51	7235	2

View Market Depth

No.	Vol.	Price($)
2	4800	7.500
4	31498	7.490
7	18240	7.480
4	6499	7.470
2	3043	7.460

Price($)	Vol.	No.
7.510	7235	2
7.520	6984	2
7.530	268	1
7.550	920	2
7.570	345	1

Last trade - 16.10pm 22/07/2025 (20 minute delay)

AFI (ASX) Chart

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How is this trading at a premium, page-5

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