In this week’s show
07:00 – Q1:I hold ASB and sitting on a good profit. I believe they are well placed with AUKUS, their Aust, US and Philippines shipyards and the general geopolitical environment. How do you see the upside/downside risks for ASB?
09:31 – Q2:Should we be voting for the scheme for Silk Logistics yet?
12:03 – Q3:Recently I have been looking at McMillan Shakespeare. They are involved with handling Salary Packaging, Novated Leasing, Support Co-ordination and Asset Management. The Company seems very cheaply priced. They have cut their latest dividend by 6.6. per cent, but even when I apply that to the two previous dividends, the grossed up dividend is $2.06. Based on today’s (Thursday 27 February) closing price of $15.65, that’s a grossed up yield of 13.16%. The closing price today is up around 10% from yesterday. I note that they are widely held. 67% is held between 6 different companies. HSBC own 20%, J P Morgan and Citi Corp each own 13%. I would appreciate your thoughts on this Company.
15:21 – Q4:What is your thoughts on Moneadelphous Group (MND)?
