Deep Value with Potential 10% Dividend Yield

More
7 years 2 months ago #23496 by lotustpsll
Why I like Bund Center?.

- Price to NAV 25% (owns the iconic Bund Center)
- FCF Yield 10.5%
- Stable FCF, low annual capex
- Clean balance sheet, in cash position
- Controlling shareholders own 84%
- Net cash / trailing dividends at 1.27x

As reported in last QTR, Bund has liquidated its external borrowings and paid a surprised dividend. I believe there may be exciting times ahead for Bund and I also expect the group to pay out its full FCF as dividends - a potential dividend yield > 10%.

Deep Value, High Dividend Yield, Potential Special Situation – great “Margin of Safety” stock to invest for the long term.

Please do your own due diligence if you are keen to invest.

Please Log in or Create an account to join the conversation.

More
7 years 2 months ago - 7 years 2 months ago #23502 by FManager
Q316 EPS only 0.84c and 9M2016 EPS only 3.05c.
how to sustain div payout of 7c(if you are saying 10% yield)
net asset only 56c vs 70c+ share price now.

"great margin of safety" please lah.
Last edit: 7 years 2 months ago by FManager.

Please Log in or Create an account to join the conversation.

More
7 years 2 months ago #23504 by lotustpsll
Hi,

Suggest you look deeper at FCF, trailing dividend payments and also the last valuation exercise of its properties.

Please Log in or Create an account to join the conversation.

More
7 years 2 weeks ago #23644 by lotustpsll
Nice little run-up since mid-January. Positive up-trend, from 70 cents to 83 cents. NAV about sgd 2.80.

Please Log in or Create an account to join the conversation.

More
6 years 11 months ago #23780 by lotustpsll
RHB recently released a report "Crown Jewel on the Bund".

TP is 1.04.

Please Log in or Create an account to join the conversation.

Time to create page: 0.228 seconds
Powered by Kunena Forum
 

We have 878 guests and no members online

rss_2 NextInsight - Latest News