I don't know why this stock has been ignored by hotcopper...

I don't know why this stock has been ignored by hotcopper viewers

good annual yield 3c on 33c price fully franked, a suprise share buy back should mean the shares increase in value.

The Board has declared a fully franked final dividend of 1.8 cents per share (2013: 1.8
cents per share). The dividend will be paid on 17 September 2014 to shareholders on the registry as at
5pm (AEDST) 1 September 2014. The shares will trade ex-dividend from 28 August


19 August 2014

Chandler Macleod results for the year ended 30 June 2014

A strong second half

Summary:


Reported EBITDA of $38.2 million, steady


Underlying EBITDA¹ of $40.2 million, down 11%. Second half underlying EBITDA

of $21.5 million, up 15% on first half


Reported NPAT of $13.5 million, up 26%


Underlying NPAT¹ of $14.2 million, down 22%. Second half underlying NPAT of
$8.1 million, up 33% on first half


Fully franked final dividend of 1.8 cents per share


Strong operating cashflow of $36 million


Net debt reduced by $25 million, gearing reduced to 32%


Share buy back announced


Excellent safety performance. TRIFR reduced by 10%


Share Buy Back from 2Sep2014-1Sep2015
Chandler Macleod has separately announced a share buy-back program aimed at
purchasing up to 5% of the company’s issued capital over the remainder of this financial
year. At the current share price the estimated cost of this program would be less than
$9 million

Bought more today!