What a boring thread.
Some nice people sold me recently some more Argosy shares for $1 a piece. Probably just bored share holders
; If anybody wants to sell me some more at this price ... just go ahead - my order stands; I recommend however that you press the sell button before you read further or you might change your mind
2018 results are out: Steady as she goes: Good first HY, really good second HY and outlook just nice (really boring stuff);
presentation:
http://nzx-prod-s7fsd7f98s.s3-websit...353/279696.pdf
annual report:
http://nzx-prod-s7fsd7f98s.s3-websit...353/279699.pdf
NTA is now up to $1.12 per share (a real Graham opportunity) and the company holds a great and diversified set of assets with 99% occupancy rate - yawn;
Income - $101m (slightly above expectations);
EPS: 11,9 cents (including value increase through re-valuations);
and did I mention a 6.25% fully imputed annual dividend (edit: meant obviously 6.25 cents, but given I paid $1 per share, the percentage is true as well
);?
But yep, lets wait until all the excitement is over - I am sure there are still some bored shareholders to sell more at $1 ...
YAWN ...
Ah - and please, don't tell anybody - will you? We don't want to have too much excitement on this thread ...
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