SGW vs KCN.Just a quick snapshot.

Hi Folks,

The reason why I think SGW might be the one to watch is from what I can gather using Comcsec to compare both stocks.As you know we will never know what is really happening behind the scenes,so to speak,but here goes:-

SGW KCN

PE 6.10 % 6.70 %
Shares 165 mil 71 mil
Cash 70 mil 25 mil
Div 15 c 15 c
M/Cap 413 mil 222 mil
F/Cast 2003 44 c p/s Nil
Book Value $3.75 p/s $0.58 p/s

As you can see SGW looks better in terms of Book Value and F/Cast per share.This temp. fall from grace also reminds me of when NCM dived towards the end of last year to $3.26 then climed back slowly to $8.41 this year.
Now KCN might be the best thing since sliced bread but SGW delivered dividends every year without fail for the past 10 years.

Look forward to some good input

Regards

TG