Agree completely Ivan.
I own only a couple of companies where Directors are equally mindful of shareholders' interest.
One company I hold increased eanings 45% in FY2021 and added almost $1 Billion to market capitalisation for its shareholders. Dividends rose 28% as well, and all without the use of any leverage. CEO and majority shareholder Tony Walls was paid a salary of only $279,000, remarkably unchanged from FY2020 despite the excellent financial performance. No bonus was paid and no options were issued to him. The company is Objective Corporation (OCL), valued at $1.6 Billion.
The other company I hold with similar stewardship and regard for owners is ARB.
Three great companies I feel lucky to have in my portfolio!
Agree completely Ivan.I own only a couple of companies where...
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Mkt cap ! $225.6M | |||
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| No. | Vol. | Price($) |
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| 1 | 60 | $7.17 |
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