Kaffir wrote:Well, it has risen significantly since the 'shareholder restructuring' last month. Those who bought then are already 20% up.
They have a clear dividend policy - 50% of PAT. Most analysts expect their earnings to continue rising exponentially. As a result,a fat interim dividend announcement for the Jan - June period is expected, just as investors are receiving the last year's dividend. Long termer's and dividend hunters are therefore driving up its price.
It surely is a good stock, to hold in your portfolio.
Thanks for the info Kaffir
Money comes and goes. When you have it enjoy it.