PRN 1.42% $1.04 perenti limited

Is Dividend Sustainable?, page-3

  1. 3,064 Posts.
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    ASL looks like an absolute bargain at the moment. They have reiterated that FY2019 NPAT will be circa $100m, they are exposed heavily to gold mining (which will continue to boom for some time) and if they had a big problem managing debt levels they would have addressed this issue at the last CR.


    Based on the current business parameters ASL will announce a sterling H1 Result and the 3.5c Dividend will be maintained. The share price is an absolute steal at present.



 
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