Decided to initiate small position in Kingsmen today.
Designs & produce exhibits and reputed for quality interior design works,
with a niche in the mid to up-market retail sector.
Track record indicate that we are looking at a strong & steadily growing company,
PE 10 at current prices suggest it is slightly undervalued (for a steady grower).
Also looking attractive as a net cash company,
dividend yield 4.3% at current prices with a potential dividend growth story.
Am anticipating a bump up in dividends especially that we are expecting a good FY14.
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