Tuesday, February 1, 2011

Share Price Alert: Goodman Fielder Ltd



Goodman Fielder Ltd [GFF.NZX] isn't what you would call a stellar stock in terms of underlying financial performance and returns to investors, there are better companies out there.

Having said that this stock has taken a significant hit in the last 3 months (see 12 month chart above) and is trading at more realistic valuations to the performance of the company.

The stock closed at $1.64 last Friday, a drop of nearly 40% on a November high of 2 bucks and a 52 week of $2.07 reached earlier in 2010.

At these price levels and current profitability, the stock is returning a solid gross dividend of over 8.5%.

Look to buy on further weakness if already on your radar for a good steady income.


Disclosure: I own GFF shares in the Share Investor Portfolio


Share Price Alert

Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
NZ Refining Ltd
Freightways Ltd
Xero Ltd


Goodman Fielder @ Share Investor


Long Term View: Goodman Fielder Ltd
Goodman Fielder turning on the DRIP
Goodman Fielder to improve bottom line in 2009
Why did you buy that stock? Goodman Fielder
Goodman Fielder hit by high commodity prices
Goodman Fielder a Hedge against an economic slump
Goodman Fielder pie gets bigger

Discuss GFF @ Share Investor Forum
Download GFF company Reports

Recommended Amazon Reading

The Intelligent Investor: The Definitive Book on Value Investing. A     Book of Practical Counsel (Revised Edition)
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
Buy new: $14.95 / Used from: $7.50
Usually ships in 24 hours

Buy The Intelligent Investor & more @ Fishpond.co.nz

Fishpond


c Share Investor 2011

No comments:

Post a Comment

Comment on Share Investor Stuff

Post a Comment