How is this trading at a premium, page-5

First 5 Last

Share
Profile

Follow
picastoc

28,932 Posts.

424

22/01/19

14:02

Post #: 37187225
Share

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).

Expand

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
1 Upvote

0 Great analysis

Reply

Top Stories

AII

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

TRS

Don't cry that it's over: The Reject Shop shares to disappear on Wednesday

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Tuesday's HotCopper trends: Paradigm funding, Nanoveu drone gains | July 1

ENR

Encounter's Aileron recon success 'illustrates how much more still to be found'

First 5 Last

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.

(20min delay)
Last $7.25		Change -0.100(1.36%)		Mkt cap ! $9.091B

Open	High	Low	Value	Volume
$7.34	$7.34	$7.24	$7.527M	1.033M

Buyers (Bids)

No.	Vol.	Price($)
7	20279	$7.25

Sellers (Offers)

Price($)	Vol.	No.
$7.27	3396	1

View Market Depth

No.	Vol.	Price($)
7	20279	7.250
5	27169	7.240
3	16784	7.230
4	3875	7.220
3	3263	7.210

Price($)	Vol.	No.
7.270	3396	1
7.300	25839	4
7.310	10571	3
7.320	478	1
7.330	4021	3

Last trade - 16.10pm 01/07/2025 (20 minute delay)

AFI (ASX) Chart

How is this trading at a premium, page-5

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

Don't cry that it's over: The Reject Shop shares to disappear on Wednesday

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Tuesday's HotCopper trends: Paradigm funding, Nanoveu drone gains | July 1

Encounter's Aileron recon success 'illustrates how much more still to be found'

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

How is this trading at a premium, page-5

Top Stories

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

Don't cry that it's over: The Reject Shop shares to disappear on Wednesday

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Tuesday's HotCopper trends: Paradigm funding, Nanoveu drone gains | July 1

Encounter's Aileron recon success 'illustrates how much more still to be found'

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News