Buy @ $1.905
Had been eyeing it since they annc higher Div = 7ct vs 6.25ct from next FY (altho' for this FY, the Q4 div will include a Special 0.75ct div, which makes the total for this FY = 7ct). But, was always waiting for lower prices… even yesterday, was waiting for a good no. $1.88… This AM, before mkt opened, they annc new ventures and proposed new shares issue to Alibaba…Decided to just grab some first… 😀
PE = 27.81 ; Yield = 3.675% is not very attractive, am expecting some growth coming from Alibaba…. but may take a while…