MYOB Limited

By Intelligent Investor · 8 Sep 2000

By Intelligent Investor ·
8 Sep 2000

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MYOB Group Limited - MYO

Current price

$3.40 at 16:35 (09 May 2019)

Price at review

$4.52 at (08 September 2000)

All Prices are in AUD ($)

On sales of $83m a net profit after tax of $20.6m was reported for the six months to June 2000, producing an interim dividend of four cents a share, fully franked. The company had been expecting less but the GST caused a sudden rush of sales in June 2000. We said accumulate at $4.50 in issue 59, but now we're cautious. Don't be scared of TAKING PART PROFITS.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

MYOB Limited

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MYOB Limited

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