SIV looks good value. Growth has been pretty good since listing and for FY10 EPS of 26c is forecast giving a PE of under 7 and a FF div yield of around 9%. ROE is around 20%

Chart is also starting to look ok. Share liquidity is poor however.

I would like to see SIV re-rate to a PE of around 10 over the next 6 months

I hold a few