Buy two, 2470 dollars worth of WHS , and for the other i would recommend same amount on SKC. Cant go far wrong imo
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Buy two, 2470 dollars worth of WHS , and for the other i would recommend same amount on SKC. Cant go far wrong imo
CFO buys shares on market. Good sign. Once the bond issue finishes up the special dividend will be coming. 30c minimum. I already have marked my words on this one.
Supermarkets have these 'Wind back the prices' promos every now and again ... prob all marketing hype suggesting they are selling things today at proces from years ago
Hey ... is the NZX having a wind back sale ..... WHS nearly down to last century prices (at least that what the charts shows which I assume are adjsuted for the share split they once had (I think))
Always said that $2.50 to $3,00 is a fair price for WHS .... getting closer to that $3,00 .... week by week just that bit closer
Keep watching .... problen being when it gets to $3.00 will still be overvalued relative to the market but could be interesting
A check of the records show that WHS paid a special div of 10cps last year. 'Normalised" div for the year was 21cps, the same as the previous year.
That would give an indicative yield of about 6.25% without the benefit of any imputation credits although these are likely to be available again this year. Still not a bad deal in today's conditions with the added possibility that Woolworths or Foodstuffs might decide to take some action regarding their respective shareholdings.
...what/who to believe?? just spoke with a broker this afo about WHS (pure coincidence as I dont normally consult such creatures)...he claims a divi return of 9.2% year ahead. National Bank site is showing almost exactly half this figure so I can only take from that National Bank is showing a 6mnthly return as the broker was adamant it is around 9.2%pa. ??
The 9.2% sounds about right as a gross yield ( including imputation credits) and assuming WHS pays out the same "normalised" dividend as last year.
..or wait for it National Bank site NOW claiming 14.27%!!!...........I kid you not, a couple of hours ago NB was showing about 4.69% from memory, I was discussing the return with a broker and thats what it was showing then....and now this....what the hell is going on....madness!!!