SGN usually comes up, like a lot of stocks dividend junkies like, well prior to result as people pile in
You'll note it was trading mid 90c as of last month or so.....its been in the 90c for a few years now
Management has stabalised the business after previous management's serious negligence......earnings are relatively stagnant but dividends have been rising more dramatically as the stability has delivered...
Would not surprise if the price went back in the 90c......a rerating of 'industrials' which is currently happening will see a more structural share price trend closer to $1.50
SGN Price at posting:
$1.03 Sentiment: None Disclosure: Held
