TO me the key issue will be what dividend they declare this year - the last one was 88 cents but that was not the full dividend as most of it used to pay the debt - now with the debt out of the way - i expect the dividend to be in the region of 400 cents - which if correct then i am prepared to buy at the 25-30 rand level as no other share will give this kind of dividend payout - as for capital growth - we need big BEE institutions to come in - that will drive the price up closer to the valuations - but we may have to wait for that and in the interim - if the divi - is there im prepared to hold on - any views on what the divi will be this year?
... View more