The business is growing at a slower rate than anticipated but it is still growing, and that for a company of this size is good enough for me. Growth, a 6% dividend and a PE of 12.5 in this market is fantastic value as far as i am concerned. They have both category and geographical diversification. They are vertically integrated. Management is solid and experienced. Debt levels are acceptable.
Happy to hold this as part of a well balanced portfolio.
When would i sell? If the dividend stopped growing for 2 consecutive halves and if the PE rose above 16. As long as those 2 things don't happen i can't find a good reason to exit.
The name is already at my maximum allocation in the portfolio for a single stock, so I can not buy more today. If my internal permitted it i would be buying more under $5 with great conviction.
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Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $171.7M |
Open | High | Low | Value | Volume |
6.8¢ | 6.9¢ | 6.8¢ | $140.1K | 2.033M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 166744 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 47857 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 167162 | 0.069 |
6 | 615327 | 0.068 |
3 | 443798 | 0.067 |
4 | 376518 | 0.066 |
6 | 874424 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 47857 | 4 |
0.071 | 221175 | 5 |
0.072 | 43900 | 2 |
0.073 | 413700 | 3 |
0.074 | 1614950 | 5 |
Last trade - 14.54pm 22/08/2024 (20 minute delay) ? |
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