Buy @ $3.88, $3.85
I noticed that it'd been dropping for a while. Just on 7-Nov-13, when it announced Q3 results, it closed @ $4.20. I'm betting that it's being sold down by some Fund who must have decided to do some rebalancing of their portfolio. I see CP = MSCO in my separate buys.
For last year, Q4 results was released on 15-Feb-13 and the Final Dividend = 13.8ct. The dividend payout has been increasing since FY09 and I don't expect it to be reduced, based on 9mths EPS to date.
It's still not exactly undervalued as PE = 20.52 & Yield = 4.364%. This will be a short term bet but I can also hold for longer term. 😀
