Australia's largest stock trading and investment forum Australia's #1 stock forum

NSC

Click for more information

2.17%

45.0¢ naos small cap opportunities company limited

just bought small parcel at 93 for the upcoming divvy have owned...

First 6 Last

Share
Profile

Follow
pickup

916 Posts.

5

27/01/16

15:40

Post #: 16877721
Share

Originally posted by eerrtt ↑

Yep, you have to remember this is a micro-cap specialist! When they have good years, they have super good years. A few years back they reported a profit of over $20 million, enough for a few years of dividends. Last year, due to the market crash in June, they reported a very small loss (would have been a profit, but June smashed them).

ALF were similar, they had dividend reserves to pay the recent dividend. It is common for good LICs to have reserves for dividends, and then make more when the market returns. You can see their dividend record, they have nearly returned 80 cents to shareholders over past decade!

Given their recent rise in NTA, during a falling market, the dividend should be a good one again, and the market will like this, and I hope a rise back above $1. IMO

Expand

just bought small parcel at 93 for the upcoming divvy have owned them before so thought id have another go. do you trade any shares direct eerrtt or do you just specialize in trading lics for dividends and capitol gains

CTN Price at posting: 93.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Your questions From the Floor: Investment experts respond...

TM1

Shares up 196% on Terra's news of major reef discovery at Dante

GYG

Guzman Y Gomez shot up nearly 40% in first hour of trades. Can it last?

BRX

Belararox delineates another porphyry in Argentina at Tambo South

There are more pages in this discussion • 4 more messages in this thread...

First 6 Last

Add NSC (ASX) to my watchlist

(20min delay)
Last 45.0¢		Change -0.010(2.17%)		Mkt cap ! $60.73M

Open	High	Low	Value	Volume
46.0¢	46.5¢	45.0¢	$48.85K	106.6K

Buyers (Bids)

No.	Vol.	Price($)
5	137253	45.0¢

Sellers (Offers)

Price($)	Vol.	No.
46.0¢	4401	1

View Market Depth

No.	Vol.	Price($)
5	137253	0.450
1	10000	0.440
1	1214	0.430
1	2000	0.400
1	8572	0.350

Price($)	Vol.	No.
0.460	4401	1
0.465	2891	2
0.470	125307	5
0.480	25225	2
0.485	10137	1

Last trade - 16.10pm 20/06/2024 (20 minute delay)

NSC (ASX) Chart

SPONSORED BY