Post by
retiredcf on Jan 16, 2022 8:56am
Another Viewpoint
Lots of companies were declining last week (including almost all of the REITs) as investors are nervous about rising interest rates. GLTA
DHT.UN is a small royalty company, at $267M market cap. It is quite cheap on valuation, but the revenue base is quite low ($26M last quarter). It is in the business of healthcare royalties. It has a decent product portfolio, and we expect it to add more royalties each year. It has only been public a year, but has paid dividends since its listing. The dividend was doubled in November and it declared a 22c special dividend at year end. We find it interesting, but would like to see a bit more public history and performance. But so far so good.
Provided by 5iResearch.
Comment by
Bamsmba on Jan 16, 2022 9:46am
Interesting and thanks for posting... 5i is correct about the low revenue and the new IPO status, but fail to mention the 90% margin, 10% yield on a 25% cash flow payout and that the management has been doing this work for 15 plus years with great returns.