I am surpised by the lack of interest in this stock .
Looks like someone is building a position by pushing down the price with small amounts of stock.
To put things in perspective as I see it.
* The last dividend was stopped because the Board decided to maintain a strong capital position given the challenges and uncertainties that prevailed.
* The Board expects barring unforeseen circumstances that it will pay a dividend for the period ending 31st December 2020.
* Lets assume it's at the historical level then that's a 5.8% divy p.a plus franking ( Good probability that it will be higher )
* Melos Sulicich has already stated "that the 1st quarter net profit after tax and before restructuring costs is up 21.7 % on pcp. "( uncertain as to how much the restructuring costs are ?)
* That FUA had grown to $1.09b ( was previously $1.07b ) This should be a lot higher now given the market momentum . (more income.)
* That lending and customer deposits are up for the 1st qtr
*
* He has also stated " That if the trend continues for the balance of the year, the full year result will likely be MATERIALLY ahead of last year "
In my opinion this stock is well undervalued.
- Forums
- ASX - By Stock
- Major Yield Stock
I am surpised by the lack of interest in this stock . Looks like...
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MYS (ASX) to my watchlist
|
|||||
Last
$3.74 |
Change
0.020(0.54%) |
Mkt cap ! $413.6M |
Open | High | Low | Value | Volume |
$3.75 | $3.77 | $3.72 | $251.0K | 67.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3215 | $3.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.75 | 594 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3215 | 3.740 |
1 | 594 | 3.720 |
3 | 10605 | 3.710 |
6 | 21700 | 3.700 |
1 | 2000 | 3.690 |
Price($) | Vol. | No. |
---|---|---|
3.750 | 594 | 2 |
3.760 | 594 | 1 |
3.800 | 2280 | 2 |
3.840 | 1446 | 1 |
3.850 | 879 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
MYS (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online