ZFX zinifex limited

" if you got the dosh, youd be stupid to pass up the INCOME...

  1. 406 Posts.
    " if you got the dosh, youd be stupid to pass up the INCOME BENEFITS coming up! "

    totally agree OG

    Huntleys forecast expects 170cps in dividends for 2007

    Commsec says 155 cps expected

    what about the proposed capital return?? is this factored into huntleys 170cps??

    if not, that mean a 100cps return for the full yr if earinings are good

    huntleys expecting around 300-310cps Earnings PER SHARE which is similar to commsecs 309.7 cps

    170cps divided by $16.10 is 10.55% fully franked for the year if you get in at these prices

    Company trades at a conservative PE of 5 too

    EPS to look better with the cap return

    10.55% fully franked!!!!!!

    Id take that anyday because I believe orlando has hit the nail on the head: theres too much income to be made from this outfit in the next 6 months and that will support the price of ZFX back up to a decent trading range level IMHO.

    Any BIG drop will be short lived IMO

    10.6 % fully franked is what you get if your in even if you get in now . cap return also at play.

    Its just too damn good to pass up

 
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Currently unlisted public company.

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