The stock had a good write up in an article by David Potts in Sydney Morning Herald.
http://www.smh.com.au/money/stock-up-on-bargains-20111126-1nzsd.html
Bellow is the bit on BSA:
So here are 10 stocks trading at a $1 or less analysts say are discounted too far, starting with the cheapest:
1. BSA
Price: 18.5 cents
BSA installs heating, ventilation, airconditioning and fire alarms in offices and factories. It also has a division, oddly named Triple M, that hires out technicians to telcos, broadcasters and utilities, plus it owns Mr Antenna and Mr Alarms.
''It's a nice steady business and pays a 10 per cent franked dividend,'' the chief investment officer of Clime Investment Management, John Abernethy, says.
Because the price is so low, the 2¢ a share dividend produces a yield of 15 per cent after taking the tax-free 30 per cent franking credit into account. It also paid an extra 1¢ special dividend in 2010-11.
The company has just extended its deal with Foxtel, installing and servicing satellite connections for another four years. It reported a net profit of $8.6 million in 2010-11, up 7 per cent.
Read more: http://www.smh.com.au/money/stock-up-on-bargains-20111126-1nzsd.html#ixzz1kMAb5IyZ
So even with SP at 25c, the dividend (if maintained) is still 8% or 11.3% if one gets a refund of franking credits as many SMSF in pension stage do.
That is an attractive return in times of falling interest rates and so, IMO, quite a few new investors in BSA are like me, trustees and members of self-managed super funds.
- Forums
- ASX - By Stock
- what's driving the price
The stock had a good write up in an article by David Potts in...
Featured News
Add BSA (ASX) to my watchlist
(20min delay)
|
|||||
Last
75.5¢ |
Change
0.035(4.86%) |
Mkt cap ! $54.48M |
Open | High | Low | Value | Volume |
73.0¢ | 79.0¢ | 73.0¢ | $286.9K | 375.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 76.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
76.5¢ | 9802 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 0.760 |
1 | 3617 | 0.755 |
1 | 15000 | 0.750 |
1 | 15000 | 0.735 |
2 | 9353 | 0.720 |
Price($) | Vol. | No. |
---|---|---|
0.765 | 9802 | 1 |
0.780 | 9247 | 1 |
0.790 | 32682 | 2 |
0.795 | 41300 | 2 |
0.800 | 6988 | 2 |
Last trade - 15.59pm 26/07/2024 (20 minute delay) ? |
Featured News
BSA (ASX) Chart |