-
GEM - G8 Education - Childcare Operator
Been following GEM for a while now, & today has seen it up 7c to 69c on low volume
GEM gave a recent FY11 guidance
http://www.stocknessmonster.com/news...E=ASX&N=222960
Dividend Policy (Qtrly dividends, No DRP)
http://www.stocknessmonster.com/news...E=ASX&N=223813
Unfranked dividends, but more importantly for NZ shareholders NRWT will be deducted (& is claimable)
Assuming 4 x Qtrly 1c dividends unfranked = 4/69 = ~5.8% yield
GEM has acquired more centres of late, by issuing more shares & these centres are meant to be earnings accreditive straight away so the earnings per share (FY11 guidance 7.6cps) should be maintained.
Still very much in growth phase, with managable debt, so upside is in increasing there size & scale
A break thru resistance at 70c would trigger a few indicators (couldnt post the chart, sorry)
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks