enyands wrote:murchr wrote:Pirate wrote:murchr wrote:Pirate wrote:enyands wrote:BGL wrote:Pirate wrote:Any projections for this years performance ? Last year they did 27%
25%
Any reason for the drop
On the contrary , Year 2014 they made 27% out of which 25% was rebates . Year 2015 they have made 29 % of which rebates are proposed to be 25% .
Share capital increased from about 0.8B to 1.3B during the same period hence profit dilution. If share capital remained constant ,they would have made 47% returns
Do they have a target?
Yes. 1.5B and lock the shares. However I have a feeling they may revise this during the AGM.
Thanks a bunch....I have seen they have launched the online trading platform EXCELLENT not logged in yet but this is a good move

I think there is a someone there who has the balls to think outside the box.these are the think tanks that most companies need . Kudos to him. Just checked the online platform and I'm impressed .
I would like to indulge your thoughts on the following analysis:
Current Share Capital : 1.28B
Proposed Rebates : 322Mil
Split btw Cash/Ploughback div - 30/70 ( Assumption)
Ploughed back div : 225Mil (converted into shares)
New share capital post AGM 1.28+0.22= 1.5B !
So my questions are:
1. Whats the likely scenario if they shares are locked
2. Share price post AGM will be 420 ( 25% revision upwards as per last AGM resolution). Is it preferable to let demand and supply regulate the price or should it remain fixed ?
Knowledge is power , but action gets things done ...