Bit surprise there was no outlook.
Perhaps they will enlighten us at the agm.?
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Bit surprise there was no outlook.
Perhaps they will enlighten us at the agm.?
There is a 10.30am teleconference that anyone can call in on....I assume more information/padding will come from that...
Good respectable result. I like companies that have a specialist niche & a decent moat around them.
5% EPS growth is positive but not stellar. DPS up 18% is welcome but needs EPS to keep growing.
Supplying small but critical components to larger manufacturers is strong strategic place to be. Could be criticised for spreading itself thin across too many sectors. Innovation & responsiveness are key. Our av buy price is 1.38, so happy holders in a low interest world.
I agree with that, nizzy. I would think, though, that "spreading itself thin" is rather "applying its expertise wherever there are opportunities".
Oh dear, what is the problem with Skellerup these past few days? Down more than 20 cents in two weeks. :confused:
I can only put it down to Mr Trump's tweets ... but I'm fairly sure Skellerup's single biggest market is still NZ (or is that only in the agri sector?)
Slightly weaker result than expected,and out look weaker in the sectors SKL serve.
And yes Trumps tariffs are affecting them in US market.
Dividend is expected to increase, and their yield is still attractive at over 5.5% net.
Just hold and wait...good fundamental business
Jarden downgraded..cited the uncertainty of the trade war