re: over valued Dividend sustainability (and hence yield) will over the long term govern the SP as much as anything. Look at Hills. Always trades on a reasonably high PE but realistically supported by the dividend yield (ie. same as WES pays out all its earnings). WES, however, currently has no need for the dividend re-investment plan to afford this, unlike Hills.
As for WES in the mid-20s, unless there is much more negative info in the market than now I will sell my house and buy as many as possible. OK, not the house, wife won't allow that. But I will by some. I think current SP is reasonable value (although haven;t bought any). If it reaches the $31 odd as per that broker then I will definitely buy a handful.
MJS
re: over valued Dividend sustainability (and hence yield) will...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WES (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$74.81 |
Change
0.360(0.48%) |
Mkt cap ! $84.84B | |||
| Open | High | Low | Value | Volume |
| $74.36 | $74.81 | $73.75 | $72.23M | 969.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 210 | $74.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $74.83 | 2173 | 1 |
View Market Depth
| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| WES (ASX) Chart |