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SEVERFIELD ROWEN - building the 2012 Olympic Stadia (SFR)     

krypton - 23 Aug 2005 11:11

This is a quality stock.
Just starting a thread - I'll post more very shortly.

K******

CC - 04 Sep 2018 11:10 - 103 of 104

Upgraded by Peel to 100p today if that helps Fred.

I'm in at 69p from 2015, so it's not exactly done much for me either given the dividend yield was zero when I bought it. Dividend yield now up to 5.6% on premise the special continues, which I think it will as the balance sheet is very strong.

I was feeling much better a few weeks ago when it hit 88p, 3.4p dividend since then but a pullback to 77p seems overdone to me especially as SFR have continued to re-iterate full year guidance.

I'm happy to hold, churn the dividend and watch India play out. It seems a good option given the Brexit anxiety.

Fred1new - 04 Sep 2018 14:17 - 104 of 104

The "Indian" connection may be useful.

W/see.
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