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Bullboard - Stock Discussion Forum MCS Steel Non-Voting DR MSTUF

M.C.S. Steel Public Company Limited is a Thailand-based steel fabricating company. The principal activities of the Company and its subsidiaries are production and distribution of structural steel products for building construction, and residential development projects for sale. It is a large steel structure manufacturer, especially steel beams and columns for the construction of large high-rise... see more

GREY:MSTUF - Post Discussion

MCS Steel Non-Voting DR > I see a distribution increase coming
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Post by robtren on May 09, 2014 11:41am

I see a distribution increase coming

With a 57% payout ratio, we might even see a slight bump in distributions. These guys are great operators. BMO target is $12.50
Comment by retiredcf on May 11, 2014 10:45am
The last target I had from BMO was $13.00. Either way, all targets range from a 20 - 25% appreciation in SP. Together with a 6.3% dividend, that's the kind of return that I'm looking for. GLTA
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