SKI has changed from a yield stock to a growth stock. The earnings profile is still the same - the predicted growth is still the same. Only difference is the stock has a cleaner ownership structure (read - more attractive TO target)
The end result will be the same - the only difference is the earnings will be injected back into the business instead into the hands of shareholders. Besides, given their scorecard - I trust mgt to manage my share of the earnings better than myself within the reg. util industry!
If you are on a primary income which pays general living expenses - SKI can be left on the bottom drawer to grow over time. Also - earnings are indexed to CPI so rising interest rate are no drama.
I must admit I was a bit unhappy with the cut to divs after some more thinking - SKI is great for negative gearing or those lucky to get in at offer price.. CF neutral.
- Forums
- ASX - By Stock
- utilities vs industrial stocks performance
SKI has changed from a yield stock to a growth stock. The...
-
- 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 SKI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online