Asaleo (AHY) on the Rise

So happy to see people getting back into this company.  It's got a great outlook this half with lower raw material costs coming through.

After falling mid July 2016 from highs over $2.30 due to a downgrade in NPAT it's now coming back in favour.  Just take a look at the last week (from lows of $1.46 to $1.57 today)!



As of Sept 9, 2016 the share is only 0.76% shorted which means it has heaps of uptrend outlook, not held back by institutions & sophisticated investors.  It's PE is pretty low considering, if historical dividend is anything to go by they will pay out close to 6cps at the next half.  Typically the EPS vs. Distribution of Dividend also has some fat so dividend stability looks good.  BTW, I'm not a financial expert so advise you DYOR.

So happy to see people support this company.