Forum Archive Index - October 2003

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi Marilyn,

> 
> Snoopy congratulations. You have been a cheer leader and fan of this
> stock for a while. I suggest that you spend the div on something
> frivolous and bask in some smugness for a while.
> 

Yes, it's true I have been a STU fan for a while.   However, I don't hold 
the share (directly - I hold OST , the Oz parent of STU).    And IIRC I 
suggested that the STU special dividend of last year would not be 
repeated.   Looks like I was wrong!

I haven't studied the STU result closely, but it sounds like they are 
paying all their earnings out as dividends again.   Hoiw long can the 
party go on?   It's hard to say but I get the feeling STU *must* be 
getting near the top of its trading range by now.     Still, I thought that 
last year.

SNOOPY

discl: No STU held :-(



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