Shares & Derivatives
Cerebos delivers a reasonable set of 2011 results and maintains dividend of 25 cents…..still an attractive defensive stock and yield play
By Kevin Scully-Financial Blog  •  January 31, 2012
Cerebos delivers a reasonable set of 2011 results and maintains dividend of 25 cents.....still an attractive defensive stock and yield play
Tuesday, 31 January, 2012  9:23 AM
Posted by Kevin Scully

Cerebos Pacific Ltd, one of my yield stock picks, has just reported its FY2011 results.  The results announcement makes a comparison of 12 months for 2011 against 15 months for 2010.  I have adjusted the results as best I can to compare 12 months in 2011 against 12 months in 2010 (see table below).

  12 months 12 months %
Dec-31 FY2010 FY2011 chng
Turnover 936.2 977.0 4.4%
Pretax 156.0 164.3 5.3%
Net attrib 108.8 100.1 -8.0%
       
EPS (s cents) 34.5 31.7  
NTA (s cents) 131.4 129.4  
DPS (s cents) 25 25  

Considering the problems of the ...

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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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