Buy @ $2.79. 1H09 results will be out tomom, am expecting it to be in line with those posted by the big 3 banks recently, ie. bottom reached and now on recovery. Am also expecting div payout to resume, shld be 4-6ct like in previous years. Seller ’31’ – DMG. 😀
12-Aug-09
Q209 Results are out. EPS improved from Q109 but with provisions for their Lehmen Notes, it’s lower y-o-y. Most importantly, they have reduced their dividend payout to 2ct! Looks like they are planning to match last year’s total dividend of 5ct but now, paid over 2 periods of time!