IFL 0.32% $3.14 insignia financial ltd

keeping to this position. position is now profitable. further...

  1. 1,416 Posts.
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    keeping to this position.
    position is now profitable.

    further more assuming a 20% cut in earnings and dividends (decrease in markets leading to lower earnings + royal commission costs + other Legal's)
    is still a 9% fully franked yield at price of $4.8

    thats 12% gross. give me another 10% share price appreciation return
    that's 22% return

    and that's just at a future price of $5.30 odd

    decent return
 
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