Nordic Group

Prospective dividend yield is 5-6% and share price is inching up to 20 cents. Decent but not spectacular. However, Nordic seems like a well run company. Another good earnings-accretive acquisition is what is needed to propel it above 25 cents.

Wow, Nordic catapulted over the 20-c hurdle. FINALLY!

Nordic continued its share buy back today. But only 99,000 shares at 18.7 cents average. Who then pushed up the share price?

infopub.sgx.com/Apps?A=COW_CorpAnnouncem...a4c#.NextInsight.net

Will it attract funds given her good dividend yield and growth profile once price goes above 20c?

Been consolidating at the 17-18.5 cent level for about a year! Dividend yield about 5.7% and PE about 7X. Final dividend for FY2015 is yet to be paid (0.65 cent a share, or 3.5% yield)
Time for it to break out beyond 20 cents..

Breaking out...

Very strong volume to support the uptrend....