Always take note when directors and management buy shares and/or more shares.
Has served me very very well over the years - not a sure fire thing but close! Believe me, the buggers are tight with their money, so used are they these days to free options, discounted price entries etc. So when they put in their own money, especially more than token amounts, take note!
$1.35
Always right to take note and buy when directors are buying!
ASM could be the next catalyst for a move higher in 3 weeks. Assuming they keep to or above guidance and are done with right offs those divi hounds will come sniffing again my bet assuming divis are resumed shorty....
ASM could be the next catalyst for a move higher in 3 weeks. Assuming they keep to or above guidance and are done with right offs those divi hounds will come sniffing again my bet assuming divis are resumed shorty....
Kinda reminds me of HBL - bought at 63 cents when George Kerr sold out and the other directors & Christchurch mafia bought all the shares at 55c.
Today, I am getting a dividend yield of 14.3% (fully imputed) on my purchase price. How satisfuing is that?
Lets hope they exit the plastics business and they don't have to write off any more for this asset. Would be good to hear that margins are improving and they are winning a few larger contracts...
Time is a great teacher, but unfortunately it kills all its pupils
ASM could be the next catalyst for a move higher in 3 weeks. Assuming they keep to or above guidance and are done with right offs those divi hounds will come sniffing again my bet assuming divis are resumed shorty....
........seems to be gaining some traction and support now.....will it last? Agree any talk of divi re-instatement will drive SP much much higher....the question remains not IF but WHEN?
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Originally Posted by Balance
. Now for my other two wishes....
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