Originally Posted by
Snoopy
Have just run my dividend metric over STU.
2012F: 5.5c, 5.5c
2011: 9.0c, 6.0c
2010: 3.5c, 5.5c
2009: 9.0c, 10.0c
2008: 10.0c, 9.0c
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Average dps over the last 5 years is 12.5c
12.5/0.08= a share price of $1.56!
I am really shocked by this. STU is a very well run company and if they can't make money from construction then no-one can IMO. My formula says sell STU as it is currently significantly overvalued. My head tells me don't invest in any share that make their money from building stuff!
SNOOPY