target to buy ALY18 Jul 2013 14:39
Based on market cap. circa £150 million and two pence dividend being maintained annually,I will buy these again at 22.5 p;fully expect that this may be possible late July/early August when the auto trades rule and the Ordinary investors are on the beach;this is not an attempt to pull down the price as this company represents about ten percent of my portfolio and,as they hold a 5 % stake in MOSB,I can see significant upside but,at the same time,ALY will never be a take-over target as already taken over by Malaysians and also their dividend cover is below par.