WHG 0.00% 76.5¢ whk group limited

Ann: Trading Halt Request , page-35

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  1. 183 Posts.
    Speaking of maths, WHG has been heavily oversold and its price has been steadily recovering since.

    Other posters (sellers) have been quick to talk it down, but they ignore the big drop in price, the handsome dividend, the possible temporary nature of its business conditions, and other pluses. One-off costs of 123 redundancies and the costs of responding to the takeover bid were after all notable items resulting in the recent downgrade. Management's restructuring actions have already been accruing earnings benefits.

    The heavily reduced price including a 3 cent dividend set to go ex div very shortly comes across as a fairly attractive way to enter the stock, just do your own maths and assess the net benefits of the business.
 
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