Hey guys,
Even if the final dividend comes out at $0.095 again(I'm being very conservative) we're looking at 5.86% dividend yield after tax. That easily beats term deposit interests.
I believe the growth in their alcohol business more than compensates their lack of growth in groceries. Overall the group's earning power is still there, just not growing as strong as before.
Look around you, businesses are visibly suffering and if you compare the general business vibe to what MTS is going through now you understand that MTS is not in too bad a position. At least they didn't come out and said 'hey we've made a loss for 1H13'.
With the big investment banks come out with a 'sell' rating, that is the surest sign for me to go in to buy this stock, there is money to be made in my humble opinion.
Some people to listen to investment bank recommendations. I don't.
Hey guys,Even if the final dividend comes out at $0.095...
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Last
$3.64 |
Change
0.050(1.39%) |
Mkt cap ! $3.973B | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.67 | $3.58 | $24.09M | 6.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 271 | $3.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.65 | 169347 | 7 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MTS (ASX) Chart |