CQU commquest ltd
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Pie, thanks for your thoughts and wholeheartedly agree with you....

  1. rodin
    249 Posts.
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    21/07/08
    14:05
    Post #: 4015931

    Pie, thanks for your thoughts and wholeheartedly agree with you.

    In fact, the prospective yield is more than 10% as the 2 cents is only an interim dividend. ABN are forecasting a 4 cent payment in 09 even after putting a sword to their numbers.

    That would represent an annualized yield of 20% or 28% grossed up!

    Under that scenario, I would be more than happy to wait 2-3 years for the share price to move back towards $1 as I collect juicy dividends in the meantime.

    CQU Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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