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  1. #1
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    4,997

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    Quote Originally Posted by percy View Post
    Yesterday's announcement proves otherwise.
    Very positive for all shareholders.
    The key point for me (aside from the divvy ) was in some of the communication yesterday that they said they had had a strong financial start to 2020 - which will be the busier part of the year and through Covid. Retained $45m of FY19 profit in the business.

    Disc: Holder

  2. #2
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,296

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    Quote Originally Posted by Sideshow Bob View Post
    The key point for me (aside from the divvy ) was in some of the communication yesterday that they said they had had a strong financial start to 2020 - which will be the busier part of the year and through Covid. Retained $45m of FY19 profit in the business.

    Disc: Holder
    Agreed.....................
    Nice divie ,and a very positive outlook.

    ps.Yes I am also a holder.

  3. #3
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,448

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    Quote Originally Posted by Sideshow Bob View Post
    The key point for me (aside from the divvy ) was in some of the communication yesterday that they said they had had a strong financial start to 2020 - which will be the busier part of the year and through Covid. Retained $45m of FY19 profit in the business.

    Disc: Holder
    Exactly my view too. They have stated clearly that 2020 has started well, they repaid the wage subsidy in full, kept all staff, paid out a healthy dividend AND kept a lot of cash in both the operating company and more surprisingly, in the listed Co-op as well.
    Certainly gives me great confidence for good future dividends as well.
    With Percy onboard, we could even say we are well positioned.

  4. #4
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    4,997

    Default

    Quote Originally Posted by iceman View Post
    With Percy onboard, we could even say we are well positioned.
    I'd be disappointed if we couldn't say that!!

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