Shares & Derivatives
M1 Full Year Results 2010: Paying out more than free cashflow
By Investment Moats  •  January 19, 2011

M1 Limited today announced its 4th quarter results and full year results.

At the same time it announced a juicy 7.7 + 3.5 cents dividend. in total the dividend is 17 cents making the dividend yield for the year 7% based on a share price of $2.50.

M1 is the darling stock

A lot of investors like M1. They seem to think they are the underdog Telco. They think it is the best managed with the best structure. I know because I used to think the same way.

Under the previous CEO, they really got a great structure going. And if you survey your friends they will tell you they are a very competent Telco operation wise. I think they got really good network and telco plans.

Singtel is the one that gives the lowest dividends and probably the big bad wolf. Starhub is the one which ...

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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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