CPK 0.00% 0.7¢ cp1 limited

profit up 616 percent on pcp

  1. 1,833 Posts.
    CP1 property group's Dec 2007 result included a 616% increase in profit to $4.57million on a 35% increase in revenue compared to Dec 06. Divi is the same as pcp at 3c part franked. NTA has dropped slightly to 57c (from 61c)which makes the current sp of 38c look stupidly cheap. With a FY divi of 9c pf , there's a 23% divi yield. You won't get that anywhere else that I know of. BUY PEOPLE!!!!!!
 
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