I am surpised by the lack of interest in this stock .
Looks like someone is building a position by pushing down the price with small amounts of stock.
To put things in perspective as I see it.
* The last dividend was stopped because the Board decided to maintain a strong capital position given the challenges and uncertainties that prevailed.
* The Board expects barring unforeseen circumstances that it will pay a dividend for the period ending 31st December 2020.
* Lets assume it's at the historical level then that's a 5.8% divy p.a plus franking ( Good probability that it will be higher )
* Melos Sulicich has already stated "that the 1st quarter net profit after tax and before restructuring costs is up 21.7 % on pcp. "( uncertain as to how much the restructuring costs are ?)
* That FUA had grown to $1.09b ( was previously $1.07b ) This should be a lot higher now given the market momentum . (more income.)
* That lending and customer deposits are up for the 1st qtr
*
* He has also stated " That if the trend continues for the balance of the year, the full year result will likely be MATERIALLY ahead of last year "
In my opinion this stock is well undervalued.
- Forums
- ASX - By Stock
- MYS
- Major Yield Stock
Major Yield Stock
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MYS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.60 |
Change
0.020(0.56%) |
Mkt cap ! $398.1M |
Open | High | Low | Value | Volume |
$3.59 | $3.62 | $3.56 | $261.8K | 72.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1519 | $3.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.61 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1519 | 3.560 |
2 | 7883 | 3.550 |
1 | 284 | 3.510 |
2 | 12000 | 3.500 |
1 | 3664 | 3.490 |
Price($) | Vol. | No. |
---|---|---|
3.610 | 5000 | 1 |
3.620 | 20387 | 2 |
3.650 | 14657 | 2 |
3.670 | 31000 | 2 |
3.700 | 1440 | 1 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
$3.60 |
  |
Change
0.020 ( 0.67 %) |
|||
Open | High | Low | Volume | ||
$3.57 | $3.62 | $3.56 | 14218 | ||
Last updated 15.59pm 21/05/2024 ? |
Featured News
MYS (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online