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Thread: MVN Methven

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  1. 22-05-2014, 07:53 PM #10
    winner69
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    Typical erratic Methven result. Maybe even one of their better years in that they actually generated sufficient cash to pay the dividend

    You need to bear in mind that there is a $4-$5m depreciation and amortisation so NPAT is not really indicative of cash generation.

    No reason why you shouldn't continue to get a 9-10 cent divie .... for new comers what upu pay for such a divie (only partly imputed)

    Just wish they wouldn't tout themselves as a growth company ---- will only lead to tears
    Last edited by winner69; 22-05-2014 at 07:54 PM.
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