Anyone else following MBD.
Seems like a good steady company and good brand and experience in the bathroom fittings market. Revenues up slightly but profits dropped a bit last financial year but looks like they have a good plan for growth and could quickly rebound with a pick up in housing. Recent aquisition looks good.
Dividend looks fairly stable and yield is almost 12% fully franked at the current price. Liquidity a bit of a problem but directors hold a lot of stock and have been buying lately which shows they have confidence in the company's future.
Would be intrested to hear other opinions about MBD.
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