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Views on Invicta

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Super Contributor
I see Standard Banks latest research report on this share, dated 8 feb 2010, has a target price of R40 for Invicta next year this time. It trades at a PE of around 6, with a dividend yield approx 5x - would like to hear thoughts on this one?
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Super Contributor
From what I can see, pretty good divvie record. Trending sideways since begin Feb, might break eitherway. I don't think it will be big movements. Don't know how STD gets R40. Solid share, good fundamemtals & track record. If I was a hold and keep kind of guy it may be wothwhile accumulating for the divvie. Therefore depends on your profile.
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Super Contributor
thanks Wino - agree, accumulate and hold.....
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