AIR 0.00% 95.0¢ astivita limited

big air - solar products distribution

  1. 2,478 Posts.
    Recent IPO (Dec 2009)- double profit esimates since listing
    Issued Shares 23,170,000
    Upgraded Earnings $3,100,000
    EPS $0.134
    Last Sale $0.90
    PE Ratio 6.7

    Divi Payout Policy @ 60% $1,860,000
    Estimate Dividend $0.08
    Current Yield 8.9%

    Not a bad effort for a business who has only focussed on the QLD market. Recent companies notes imply they are moving into sydney very soon with a distribution network of solar retailers and victoria there afterwards.

    Onwards and upwards.

    http://www.solarpower.net.au/
 
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