is the dividend sustainable thou?
Printable View
is the dividend sustainable thou?
With SP at $1.00, I'd say a takeover isn't entirely out of the question $300m would buy the whole company. Bluescope the obvious candidate, but Vulcan or Fletchers even
Fbu tried to buy..then walked away. Also NZ commerce commission would not allowed the takeover?
Bluescope already bought in some
Hope that wasn’t Mark buying 1,471 shares at close for 105 making it look like a good day on the bourse
VWAP was 99.94 cents
Maybe a new uptrend ;)
Interesting Craigs target price is 90 cents,while Jarden's is $1.27.
Disc.I have sold.
Cheers for the "heads up".
I suppose the difference between these two price targets is related to different working assumptions of how the coming years will unfold. Big recession in the cards or alternatively a soft landing and infrastructure spending on the rise?
Who knows, but historically seen are all price targets just random noise. However - the wide spread shows that it is still possible to make both a good case and a not so good case for STU.
I am in this case an optimist (and holding) :) ;
The Media don't appear to be swallowing Mark's spiel and optimism in their reporting
in current times of strong headwinds and dangerous cross currents
Long gone out of this one -- could become a 60c or 70c job in the turbulent times ahead :)
Encouraging. I have topped up.
http://nzx-prod-s7fsd7f98s.s3-websit...420/394367.pdf