Originally Posted by
iceman
Well yes, a bit of truth to that :-)
Sort of staggering that shares picked up 3 years ago at 70-78 cents have paid out 63.8 c gross in dividends and doubled in value over that period as well.The crazy thing is that this company is still very cheap trading on a PE of 1.55 with a gross dividend yield of 21.5%. A company that has no debt, is cashed up and very profitable.
Not much else to say. Mindblowing.
While this year will be more difficult than last 2 years at least from a market perspective, an ease in freighting troubles & prices will help offset that. The future is looking very bright for this company.