BKN has very strong balance sheet and potential to increase profits in 2009-2010, at moment has 51% increasing in growth.
Interim dividend 10c , I guess 14 c for final dividend so it still 10%+, much better than bank deposit…
Question is no many stocks can maintain their dividends even CBA will cut dividend as well , so I still reckon BKN is good stock.
Also, BTT and WBC are substantial shareholders for BKN in a couple of days ago.
BKN can not be gone wrong…
DYOR
Cheers
BNK
banksia wines limited
