TIM timbercorp limited
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joneswyes "minor" error in spreadsheet (forgot to divide coupon...

  1. watford
    2,123 Posts.
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    14/11/08
    08:29
    Post #: 4497606
    jonesw
    yes "minor" error in spreadsheet (forgot to divide coupon by 2);

    At 90 cents and 15 cent TIM, I make loss 12 cents on PV basis. All the same, breakeven I get is 18 cents. Note I gross up dividend to a/c for franking.

    Buy 90 today, receive 9.9 cents gross coupon in both March and Sep, plus 72 cents value in Sep,
    TIM Price at posting: 41.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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