The retail giant reported underlying net profit after tax of $250.4 million for full-year 2009, a fall of 15.2 per cent on the previous year. With a forecast dividend yield of 2.8 per cent at current levels and economic stimulus likely to fade in the first half of 2010, we see no reason to hold the stock in the short term. Longer term, investors who are willing to risk some short-term setbacks may see otherwise.
http://www.thebull.com.au/articles_detail.php?id=5951
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