I just realized that Del Monte Pacific has started moving out of the high 30 cents and into the 40 cents region. The stock has been trading sideways despite the March 2009 rally, largely because of lawsuit in the United States. Earnings-wise, it is likely to eke out a small profit under US$1 million but dividends should follow, based on its history on the local stock exchange. The stock has been on my radar for some time, but the most niggling issue is the outstanding lawsuit. Nonetheless,given its recent move up, it may be a signal of improved confidence, considering that it was one of the "Loser Stock" of 2009 - reversion to the mean.
Do you own due diligence.