I had a mid term trade on this back in Feb 2021.
I took profit at the double top which has worked out well.
I have always had it on my watch list and now the opportunity has arisen for me to jump in with a larger stake for a much longer trade length.
This will be potentially a long term investment.
Founded in 1929, Ansell is the Aussie Proctor and Gamble.
from 2007 they have increased their dividend from $0.20 15 years ago to $0.79 now.
CADR of 10%. with a ROIC of 10% over the last 10 years Management have a proven track record of investing capital wisely.
Current dividend payout ratio is still at 40% so they potentially still have room to grow.
Current dividend yield is about 3.5% adding on the 10% yearly ROIC whilst reinvesting dividends ill be looking at a 13.5% yearly compound.
I took profit at the double top which has worked out well.
I have always had it on my watch list and now the opportunity has arisen for me to jump in with a larger stake for a much longer trade length.
This will be potentially a long term investment.
Founded in 1929, Ansell is the Aussie Proctor and Gamble.
from 2007 they have increased their dividend from $0.20 15 years ago to $0.79 now.
CADR of 10%. with a ROIC of 10% over the last 10 years Management have a proven track record of investing capital wisely.
Current dividend payout ratio is still at 40% so they potentially still have room to grow.
Current dividend yield is about 3.5% adding on the 10% yearly ROIC whilst reinvesting dividends ill be looking at a 13.5% yearly compound.
Nota
Continuing to hold, with a 50% + drop from its highs there has been some PE compression and feel like its got a solid floor under it with some value managers stepping in.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.