Homepage
PR Newswire
01-07-2014, 09:50 AM
Anyone vested in this? Pending disposal of the SHC insurance business for approximately $112 million. NTA is estimated to rise from 17.40 to 37.27cts a share post disposal and EPS to rise from 2.42 to 24.30cts.
Board also intends to distribute at least 30pct of the proceeds in the form of special dividends to share holders. Board has also obtained approval for continued trading post disposal. Now trading at 30.5cts.
Business track record seems fairly stable to me over the last 3 years, only barring the risk of the disposal of the insurance business falling through.
<Vested>
Board also intends to distribute at least 30pct of the proceeds in the form of special dividends to share holders. Board has also obtained approval for continued trading post disposal. Now trading at 30.5cts.
Business track record seems fairly stable to me over the last 3 years, only barring the risk of the disposal of the insurance business falling through.
<Vested>