Looks like they did get 3 ships away in December, so 560kT looks like the magic number.
They have also been busy in January with 2 ships away already ... notionally 160kT in first 9 days. Presumably means significant inventory build at end of December...
I've tagged the quartly for 20 January 2017 ... soon see.
I'm also moving to a more bullish maybe 1c final dividend. That would represent a dividend payout of around 25% ... tiny in my view. Commod prices holding. Also, the Chinese govt has recently clamped down on forex leaving the mothership by monitoring cash outflows. In response, I expect those living abroad or those having control of income flows abroad might rely more on cash already outside the mothership in which case dividend payments might attract some more interest.
Probably an optimistic view but hey...
Have a good one.
- Forums
- ASX - By Stock
- Still trading at Disc to Cash. Why?
Looks like they did get 3 ships away in December, so 560kT looks...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GRR (ASX) to my watchlist
|
|||||
Last
27.5¢ |
Change
0.005(1.85%) |
Mkt cap ! $324.0M |
Open | High | Low | Value | Volume |
27.0¢ | 28.5¢ | 27.0¢ | $262.8K | 947.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 205698 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 273657 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 206746 | 0.275 |
22 | 592081 | 0.270 |
9 | 159225 | 0.265 |
21 | 260892 | 0.260 |
10 | 198422 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 273657 | 27 |
0.285 | 325634 | 18 |
0.290 | 399769 | 19 |
0.295 | 1678366 | 12 |
0.300 | 233236 | 7 |
Last trade - 13.49pm 27/08/2024 (20 minute delay) ? |
Featured News
GRR (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online