They are quiet. This was the case before I became a shareholder and they haven't changed. So can't really say I didn't know what I was getting into.
On the one hand, I'm not sure what news flow they could provide outside of half yearly reporting that would really help. They're not drilling to become the next BHP or researching to become the next CSL. They're just a boring electrical engineering company.
On the other hand, I'd be worried if they flooded us with unnecessary news flow. I have another holding that started increasing news flow and then surprise surprise a capital raise.
If (and it is a big if) the company pays out their customary 3c fully franked dividend then at current prices that is an 8.5% gross yield. It is not a great gross yield (there are a fair few at 10% plus gross yield that I'm more confident about) but it'll do.
They are quiet. This was the case before I became a shareholder...
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$1.73 |
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