That would be great. Been accumulating these since November and now my biggest NZX holding. Very much hoping for a good result and positive operational and dividend outlook
That would be great. Been accumulating these since November and now my biggest NZX holding. Very much hoping for a good result and positive operational and dividend outlook
yea im thinking at least 30c div to fit in there indicative range
For what its worth I have switched my fuel supplier to Caltex (a subsidiary of Z). Might as well support your own company eh
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
I topped up with a few yesterday. Now back above my average buy price.
Everything certainly seems to be on the charge at present.
Looking forward to finding new homes for the upcoming MVN and ASBPB repayments.
Expecting ~ 30 cps fully imputed dividend and as I see it the company has the ability to pay on average about 50 cps per annum fully imputed = 69.44 cps gross going forward on a sustainable basis so the yield is still well north of 10% for this consumer staple (a consumer staple in my book is anything most consumers must buy on a very regular recurring basis). Frankly I couldn't care one iota if it doesn't fit anyone's else definition of a consumer staple or any classic index definition of same. It is what it is, a consumer basic the vast majority of people must buy on a regular recurring basis regardless of the state of the economic cycle.
Last edited by Beagle; 02-04-2019 at 04:54 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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