I noted Morningstar updated today, as they have changed their analyst. Must have gone to the same analyst school, coz the fair value price target hasn't changed - still $2.60
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I noted Morningstar updated today, as they have changed their analyst. Must have gone to the same analyst school, coz the fair value price target hasn't changed - still $2.60
Up In The Air: Now that was a good movie
https://resizing.flixster.com/Ug1J8O...MDA7NjUyOzM5MQ
Best Wishes
Paper Tiger
Well for those interested in divvy payment details, mine is in bank a/c.
120k divvy in bank plus all those lovely imputation credits to use, the Cat says you should fly airlines but not buy airlines but myself I prefer to take both options.
Go spend, you know you want one: http://www.malmbergaviation.com/
Best Wishes
Paper Tiger
Me happy here to. Had 120,000 at ex = $42,000 div. but got $39,083.33 after tax. If I had sold and made $42,000 before ex div., then would of paid about $7,350 tax. As it turned out, I did sell 15,000 at $2.40c before ex and made a couple of thousand, but wished I hadn't. But all up happy with that:cool:. Have since bought them back at $2.935c.
Denheath custard square with your coffee this morning Couta ?? must be tempting to splurge a little this morning !
Things settling down and cash in the bank ....but wasn't manna from heaven after all.
Dividend stripping - my return 5% over say 2 months - so so but in the context of 'dividend stripping' probably quite respectable. Must curb my enthusiasm / expectations for such things.
Does all this imply that about 25 cent dividend was expected and priced in to the share price pre announcement?
Looking forward likely that the share price will hover around $2 +/- a bit for the next year with a 20 cent dividend anticipated .....barring any disasters or bad news
Hmmm - hang around with this likely return or go seek something better somewhere else.