Teck wah edge up to 39c based on another set of good results. Nav now 57c. Eps quarter on quarter up 60%.
pb now 0.68
yield (1 + 0.5) compressed to 3.8%.
ave yield for this counter is abt 4%.
If price goes upwards further with no corresponding increase in div, i might elect to take profits to switch to another counter which pays a higher dividend eg nam lee or stamford land. Till then, its sit n wait n collect dividends.
cheers!...