Thanks - I keep the faith!
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Be a bit weird to return a dividend after a capital raising a few months back for mine. But they may, who knows.
I purchased a small amount of these about a year ago at 77 odd cents and took part in the 1 for 3 capital raise. Half year is just out and I am very happy with what I read there. If they can get close to their $4.4m profit that would mean 2 consecutive years of 11CPS earnings on a stock that is priced at 80 cents. Dividend being paid at FY, at 50% of earnings would imply about a 5.5 cent dividend. Is it sustainable. Jury is out but the new team strike me as focused and there have been plenty of insider buys of the stock too.
Looking to add to my holding but think there is a bit of time available before it heads over $1.
Seems all honky dory at Teamtalk. Roger is happy ...that’s the main thing
http://nzx-prod-s7fsd7f98s.s3-websit...884/295356.pdf
Think that means 5 cents divie on cards later this year
Better response than I expected - quite good volume for this stock too post result.
I've recently started looking into this company. With underperforming leaders and division gone, and two apparently solid divisions left + competent new leaders, they look interesting indeed. They cite international research suggesting modest tailwinds in the radio sector, which they dominate in NZ. Citylink revenues and ebitda have been steady and gradually increasing for several years. However I don't have a good grasp of the sector and whether they have a sustainable competitive advantage. Any insights anybody? Thanks! DH
Best volume in a while today and highest close all year I think - better things coming hopefully...
OMG ...going to be VITAL
We wanted a name that was: Simple, Strong and Heroic
Love the heroic bit
https://www.nzx.com/announcements/333800