I still need to refine my latest valuation model some what
Quote:
Originally Posted by
Paper Tiger
{12-Sep=2016} Sounds like an excellent opportunity to buy in or top up, if you think it has merit...
Well, well, well. Not owned them a year yet and up about 40% (dividends included).
Fairly amazing really.
I was looking around yesterday for something to sell as I have something I want to buy but the pockets are currently empty and this came up as the share most likely to go to the market.
But with today being a public holiday here (Independence Day) I had to do sight-seeing and eating stuff and generally being a Happy Tiger and so it was still in the portfolio as the sun set.
Having revalued it in light of today's results announcement I, in theory, have a one year forward value for SKL of $1.61 but the old Tiger senses tingle when I write that down and I am going with a more conservative current value of $1.48 and one year forward value of $1.54.
Best Wishes
Paper Tiger