Long term holder wanting more but not willing to pay the price over last couple of years ie PE 18 div yield 2/3%.
Now pe 10 div 6% worth looking at.
even if minerals division has no growth or negative the other divisions (3) should make up the shortfall, leaving ALS with no growth for 12/13. I'm happy with 6% for a year or 2 and future growth. I believe it's an oppurtunity to get in relatively cheaply with a lot more upside than down in the future unless we have GFC2;china collapse;large scale war; or anyother Black Swan event. If you worry about them then you shouldn't be in shares.
May have bit more to fall yet ie $6/7
BUY IN THE DIPS
Long term holder wanting more but not willing to pay the price...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ALQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.03 |
Change
-0.160(0.99%) |
Mkt cap ! $6.624B | |||
| Open | High | Low | Value | Volume |
| $16.27 | $16.34 | $16.03 | $13.67M | 848.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $16.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.04 | 3535 | 1 |
View Market Depth
| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| ALQ (ASX) Chart |
