CIY
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0.00% 3.6¢ city pacific limited

re: last chance - Yep, good yield, and hopefully we will get...

  1. TDF
    102 Posts.
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    06/10/04
    19:27
    Post #: 605132
    re: last chance - Yep, good yield, and hopefully we will get some share price appreciation in the not too distant future.

    CIY are progressively increasing ownership of S8, once the takeover is over we should see a re-rating of CIY. If 23 cents dividend is repeated then that makes 10% fully franked yield, which pays for the opportunity cost of holding.

    Anticipating $6 some time next year.


    Regards,

    TDF
    CIY Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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