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0.00%

$1.71 spotless group holdings limited

A partially franked yield of 9.4% sounds good in consideration...

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Brenny

31 Posts.

02/12/16

11:09

Post #: 21055298
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Originally posted by bug1 ↑

Desperately needs a market update,

Its look like its being driven by fear, like people are concerned about its long term viability of the company, but there is nothing i am aware of that suggests that is the case, long term contracts, large market share, good margins compared to international peers, manageable debt. Terrible investor communications.

Close yesterday at 0.91 was equal record low, looks like good support now at 0.90, but it might yet test the alltime intraday low, and pointing towards a record low close of 0.905. If the board cant release a statement addressing investor fears, then i dont think it will stop falling.

The board needs to sort themselves out, or go, investors deserve better.

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A partially franked yield of 9.4% sounds good in consideration of Morningstars high rating , and noting Morningstar has few if any ratings at this high level at present

SPO Price at posting: 90.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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