VHL is a high yield recovery play. 1Q results were solid with growth in margins and profits. Last friday it closed firmly at 0.22. Key financial data are low dividend payout of 37% and cash/dividend ratio of 13.6x. Trailing dividend yield of 5.9%. If business recovery continues, VHL should be able to raise its dividend payout. Another key indicator is the adjusted PE of 1.21 (nett off its cash). This is just too cheap to ignore. VHL is one of my core high yield small cap holding. You may wish to take a look.
My earlier recommendation on UE e&c has turned out well (up > 30%)over past 5 weeks - hope some of you have benefited.
