23-10-2014, 06:38 PM
- Strong brands, steady growth in sales
- zero debt, consistent high >20% ROE
- I think its undervalued @ 60c.
- High PB ratio not so relevant for a service company with few assets and strong brands
- 4% div yield with committed 40% div payout
- limited competition
What can go wrong?
- zero debt, consistent high >20% ROE
- I think its undervalued @ 60c.
- High PB ratio not so relevant for a service company with few assets and strong brands
- 4% div yield with committed 40% div payout
- limited competition
What can go wrong?