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1.40%

72.5¢ emeco holdings limited

Paying back 40% of profits to SH through a mix of dividends and...

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danhuthy

91 Posts.

17

06/10/22

23:06

Post #: 64073958
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Originally posted by investor1992: ↑

I sold out of this (sick) puppy just the other day.

Ask yourself this - a stock on near-about 5x earnings should provide you a 20% yield. Emeco is in theory trading on 5x earnings, but where is the 20% yield?

You get dividend payments at a bit over 1% a piece, and a miserable buyback. 2H22 buyback announcement was $6.7m (sub 2% of market cap), but they only bought back ~3.5m shares (a bit over $3m) before they, without explanation, stopped.

Most of the cash flow is being reinvested (mis-invested?) back in the business. I don't want that, so count me out.

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Paying back 40% of profits to SH through a mix of dividends and buy backs seems like reasonable fiscal management to me.

EHL Price at posting: 88.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 72.5¢		Change 0.010(1.40%)		Mkt cap ! $375.8M

Open	High	Low	Value	Volume
72.0¢	72.5¢	71.5¢	$442.3K	613.5K

Buyers (Bids)

No.	Vol.	Price($)
3	65695	71.5¢

Sellers (Offers)

Price($)	Vol.	No.
73.0¢	7508	3

View Market Depth

No.	Vol.	Price($)
3	65695	0.715
4	47569	0.710
5	22737	0.705
5	148129	0.700
3	6500	0.690

Price($)	Vol.	No.
0.730	7508	3
0.740	65935	2
0.750	86029	4
0.760	6000	1
0.770	1299	1

Last trade - 16.10pm 22/05/2024 (20 minute delay)


Last 72.5¢			Change 0.010 ( 1.29 %)
Open	High		Low	Volume
71.5¢	72.5¢		71.5¢	123439
Last updated 15.59pm 22/05/2024 ?

EHL (ASX) Chart

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