78.50 is dirty cheap price. So sad I am lack of money to top up. Too many fund stuck at other counter d. The 1st half year is very good, 6 figure gain. Then 2nd half year is doing like a shit, 6 figure loss. Haih...
In order to avoid 2% tax on dividend income, PPHB directors might decide to declare a dividend payable before year end. PPHB do have a lot of cash to pay a dividend.
Decent 3Q2024 results but no special dividend announced. You would think small family controlled companies would dividend out surplus cash in 2024 to avoid the 2% dividend tax that may come in next year. Exactly what Lysaght did and coupled with good results, turbocharged its share price.
1) if pay dividend yearly , NTA goes up slowly 2) if don't pay dividend , NTA goes up faster . if market price doesnt go up , good opportunity to "privatize it cheaply" with unfair but reasonable recommendation from third party research house.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TheContrarian
9,507 posts
Posted by TheContrarian > 2024-08-27 12:24 | Report Abuse
Due to margin call forced selling.