AJA 0.00% $7.23 astro japan property group

Ann: AJA Estimated Distribution to 31 December 20, page-11

  1. JID
    3,676 Posts.
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    re: Ann: AJA Estimated Distribution to 31 Dec... Excellent result.

    Not only are they paying out AUD $17m they are retaining AUD $10m out of operating cashflow (27m).

    With such a high dividend yield the SP can only go one way over time.

    Extrapolate the operating cashflow out to 12mth and AUD $54m from a company with current market cap of only $206m.

    No brainer.

    Cheers
    John
 
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Currently unlisted public company.

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