Buy @ $2.44, $2.42
A new addition to my current portfolio… I had previously sold on fears of weaker UK Pounds (due to Brexit) & competition from Uber / Grab… but, earnings had remained strong… Now, with the recent Q4 results, even with continued strength in EPS (due to much lower expense for Petrol & Consumables) and a higher Div Payout, Analysts are now concerned (they have additional concern of lower Fares in Singapore having kicked in end-2016) … Prices had dropped from $2.51 just before results announcement and at current prices, Yield = 4.2% (assuming Div is maintained)… 😀