Am also buying into STU my target is 100,000 before 15/2/23. That is paying me 9.3% yld. It would be a nice surprise if they raised the div by 1 or 2c.
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Am also buying into STU my target is 100,000 before 15/2/23. That is paying me 9.3% yld. It would be a nice surprise if they raised the div by 1 or 2c.
Easily my biggest holding. Feeling well positioned for the future.
Auckland floods will delay building downturn.
https://www.nzherald.co.nz/business/...KANVYK7BGBIQM/
While the recent flooding is unlikely to have a major impact on New Zealand’s economic outlook it could delay the building sector downturn and keep construction costs elevated for some time, economists say.
“Based on what has been reported so far, we estimate that it could be in the range of $500m, and potentially higher,” said Westpac acting chief economist Michael Gordon in a new report this morning.
Last trading tmw before the result
Rat **** result
Love how the weather is the go to excuse these days …second half not looking good
http://nzx-prod-s7fsd7f98s.s3-websit...675/388509.pdf
[QUOTE=X-men;992420]Last trading tmw before the result[/QUOTE
https://www.nzx.com/announcements/406675
Doesn't look very impressive results like all other construction related companies ...Divd 4 cents but fully imputed compared to 5.5 Cents unimputed ..is almost same as before ....