CNI, Centuria Capital Limited

[Wolf]

"We have calculated the sector multiple based on a PE less NTA basis"

Found this statement in the report regarding valuation interesting.
I've never come across it before, how do you calculate Price/Earnings - Net Tangible assets
Could someone expand on this method?

Cheers

[DarkHorse]

Is anyone still holding? I have a small stake...disappointed with performance given sharebuyback. Recent results statement is big on 'strategic principles' but light on tangible comments on performance outlook. Any thoughts Percy or others?

[percy]

Is anyone still holding? I have a small stake...disappointed with performance given sharebuyback. Recent results statement is big on 'strategic principles' but light on tangible comments on performance outlook. Any thoughts Percy or others?

The result was not up to what I expected,so I sold.
Wolf.I have no idea what they mean.

[ziptie]

I have had this one on my Watch list for a little while,

The Prices sat around at 1.35-1.50 for quite some time until about a month or so ago it shot over 2.00

Any idea whats up?

[gazprom1]

Past 3 months has gone from 1.60 to 2.15. Possibly been undervalued and also with interest rates going lower it became a very attractive dividend play. Still has a yield of 4.3% at current levels. The centuria funds, CMA and CIP, have also seen appreciation in their share prices for the same reason IMHO.