I believe this share is hugely undervalued. With a PE of 8 and a consistent dividend yield of 4% and.....the correct political connections ie Phosa I believe this share is due for a serious boost. Also at Hot Stoxx recently it was concluded that this stock was extremely cheap. Any comments?
Phosa was also Alliance Mining's (alm) "right" political connection (and Juju's come to think of it). Go google that sorry tale and the IDC's involvement...unfortunately no story was ever written about that mess.
Agree that it is undervalued as is Eqstra (EQS) similar resluts [email protected] 6.60 Div yield-3.63% earnings yield-11.70% PE-8.55 with a 3yr forward PE of only 5.5. Two Small caps with good fundemental that are consistent and survived the credit crisis.