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Online Share Trading

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Hey Barry, time to bottom feed PPC

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sk_1
Super Contributor
Any ideas from the forum re PPC. To me it looks good at "support" of 2720 or do you guys think there is more downside?
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4 REPLIES 4
barry_1
Super Contributor
Yes i started buying a couple of weeks ago,but am not certain if it will keep going up in the immediate term.
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sk_1
Super Contributor
Thanks Barry.I think I'll buy a couple and stick them into my long term portfolio and forget about them for a while!
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louisg
Super Contributor
If cpix is at 8.7% and PPC can increase its dividend by 15% (PPC has compounded its dividend by 21%,31%and 31% over the past 10,5 and three years respectively)then its forward dividend yield alone is 9%. A real return just with the dividend payout. Started buying two weeks ago at 2710.
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louisg
Super Contributor
I might add that PPC has also paid out 533c in special divdends over last 7 years.
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