EHL 2.47% 83.0¢ emeco holdings limited

merrill lynch downgrade ehl to 21 cents, page-6

  1. 662 Posts.
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    I'm waiting on the side lines for this reason.

    75mill profit last year = 6cent dividend.

    35mill profit this year = 3cent dividend for the next year?

    I'd expect a 1-1.5cent interim dividend (or perhaps none at all?)

    Share price should really start recovering from here, but the divi announcement will almost surely see it return to these levels (or perhaps a little lower).
 
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