Skellerup (SKL) Fundamentals

[kiwico]

Does SKL have a dividend reinvestment programme or not? According to the (admittedly crappy) Computershare website SKL has a drip but unlike other shares with a DRP there is no ability to sign up to it. I know some companies have a drip but don't apply it every time (take EBO for example) but the Computershare setup with SKL seems a bit odd. Cheers.





CPU SKL drip setup.pngCPU other drip setup.png

[Snow Leopard]

You have to [shudder] fill out a paper form and send it to them to be able to join the Drip!

Best Wishes
Paper Tiger

[Scrunch]

You have to [shudder] fill out a paper form and send it to them to be able to join the Drip!

Best Wishes
Paper Tiger

I think they have a suspended Drip - I'd enrolled and have received cash for all shares since 2010.

Disc holder

[Snow Leopard]

Nice little uptrend price wise - obviously the cognoscenti know a good thing when they see it.

Me - I am having difficulty keeping my eyes open - spent the entirety of the flights back home watching movies (including a Star Wars Movie that had Mads Mikkelsen in it but otherwise was exactly the same as every other SW movie).



Best Wishes
Paper Tiger

[kiora]

Vote of confidence a good sign for more of the same.Not too shaby
http://www.stocknessmonster.com/news...S=SKL&N=305043

[winner69]

Vote of confidence a good sign for more of the same.Not too shaby
http://www.stocknessmonster.com/news...S=SKL&N=305043

David is only a shareholder in Public Trust Forte Nominees Limited who bought these shares. He says he is not involved in the day to day operations of that company

So others besides DAvid see good things in SKL

[Jantar]

David is only a shareholder in Public Trust Forte Nominees Limited who bought these shares. He says he is not involved in the day to day operations

So others besides DAvid see good things in SKL

On the very first page of the HY17 results this is the first name shown:
David Mair | CEO & Executive Director

Is the CEO really not involved in the day to day operations? That would raise a concern for me.

Or as a Non-beneficial interest as shareholder of fund manager, wouldn't that be insider trading?

Either way, the fact that he is buying shows a confidence in the future earnings of the company.

[winner69]

On the very first page of the HY17 results this is the first name shown:
David Mair | CEO & Executive Director

Is the CEO really not involved in the day to day operations? That would raise a concern for me.

Or as a Non-beneficial interest as shareholder of fund manager, wouldn't that be insider trading?

Either way, the fact that he is buying shows a confidence in the future earnings of the company.

Said David is not involved in the day to day operations of Public Trust Forte who bought these shares. Mair did not buy these latest shares.

For those shares he has a non-benficial interest. He does have some in a Trusts name where he has a beneficial interest

[Jantar]

Looks like a very good result:

• NPAT of $22.1 million up 8% on the prior year.
• Final dividend increased to 6.0 cents per share bringing the total dividend to 9.5 cents per share for the full year.
• Improved earnings from both the Industrial and Agri Divisions.
• New dairy rubberware facility at Christchurch fully operational.

What I can't find, as yet, is any specific guidance on the next 12 months other than "a further improvement".

https://www.nzx.com/companies/SKL/announcements/305648

[percy]

Yes a very creditable result.
Looks to be above forecasts,and the increase in divie will keep shareholders happy.
Maybe as good as it will get.ie I can't see another 8% rise in NPAT in the coming year.
SKL have been known to talk the talk.
I don't hold.