Unexpected dividends
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Unexpected dividends
Well done holders, big well done Snaps.
EPS of 20.9c (I wish they would report that in commentary). Very good result which is in line but amazing to what forecasts would have been 12 months ago. Definitely makes H2 exciting.
I'm a bit disappointed about dividend of 25% of NPAT, I think it's currently much better reducing company debt than in my bank account which was their strategy. Anyway, I will take it :-)
debt reduction would have been smarter I think too, if margins decline they not pay a div again? and it will take longer to pay of debt now to if margins decline
Valued it 4 dollar plus
Cracking result and back to paying divvy...all positive momentum :t_up:
Yeah gc, it'll be $4 plus by Christmas I reckon...
Great result. Agree with Nasi, but will take it. Fully imputed - lovely!
First 6 months of the year were great. Next six months are looking pretty average in regards to margins. Exchange rate will be helping NZR a lot at the moment but I understand that the majors want their divvies which is of course what this stock is about. Hopefully they can keep some momentum going and pay another one in 6 months time.
This is the revised profit matrix from the half yearly report - quite useful for future reference.....
a happy holder at the moment.....
I am picking the 88/274 box for the end of the Year. Probably more like 95/267 but you didnt have that one there.. Average margins of $5.50USD/BBL ($4usd/bbl uplift over singapore complex) and an average exchange rate of .65. Not too sure if plant will need to be slowed down for tie ins in a few weeks time but no doubt I will see the flare if need be.