ASW 0.00% 78.0¢ advanced share registry limited

Operating profit seems to be growing again after a few years of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 702 Posts.
    lightbulb Created with Sketch. 150
    Operating profit seems to be growing again after a few years of stagnancy.

    My guess is the after tax profit for 2016 will be around $1.7 million.

    And if they keep the dividend payout ratio at 100%, then we could possibly be looking at a $0.02 final dividend, bringing the total to $0.04 for the whole year.

    An increase in dividend will be welcomed after watching the share price yoyo-ing between $0.60 and $0.70 for so many years.

    I've been waiting for a very long time for management to be successful in convincing SOL's affiliated companies to move their registry to ASW. If they can get NHC, BKW, TPM to move, this will help to increase ASW's profile significantly, and in turn it will be easier for ASW to secure bigger clients.

    Likelihood of this happening: quite low.
 
watchlist Created with Sketch. Add ASW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.