-
Member
How much lower can this go?
-
 Originally Posted by Curly
How much lower can this go?
It usually trades below book value. So could in theory go below $5.13 
-
Originally Posted by Rawz
It usually trades below book value. So could in theory go below $5.13
Will be topping up big time at those levels.in saying that. If they do go to those levels I feel the rest of the market will be similar and there will be bargains galore.
-
Originally Posted by Ggcc
Will be topping up big time at those levels.
From memory - their share price used to be some years ago double digits (in percent) below the NTA (i.e. book value minus intangibles). I think I remember even something like 30%, but can't be sure of that. Somebody else still has the numbers?
2022 NTA is $3.61;
Anyway - probably no need to rush the top up.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
Originally Posted by BlackPeter
From memory - their share price used to be some years ago double digits (in percent) below the NTA (i.e. book value minus intangibles). I think I remember even something like 30%, but can't be sure of that. Somebody else still has the numbers?
2022 NTA is $3.61;
Anyway - probably no need to rush the top up.
NTA increased to 4.18
-
Originally Posted by LaserEyeKiwi
NTA increased to 4.18
They reported in their full year report for FY22 a NTA of $3.61 - and this is what I said.
They just (after my post) re-counted their peas for HY 2023, and yes, it might be a bit higher now.
Anyway - NTA clearly no reason to spend more than $8 on this share, isn't it?
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
Originally Posted by BlackPeter
They reported in their full year report for FY22 a NTA of $3.61 - and this is what I said.
They just (after my post) re-counted their peas for HY 2023, and yes, it might be a bit higher now.
Anyway - NTA clearly no reason to spend more than $8 on this share, isn't it?
Wasn’t implying you got it wrong at all, jsut providing the update from todays report.
Yeah it does look a bit rich on that metric, trading at over double book value. Take away the one off gains from divestment sales seemingly every year as well and the price vs underlying net income doesn’t look terribly great either, especially with that ginormous management/incentive fee.
I still hold, but wont be adding more at this price.
-
What sort of multiples is it going for?
-
Member
Originally Posted by BlackPeter
Can't read the article (hey, one can't subscribe to every publication, can one?), but wondering whether now is a good time to sell retirement stocks ...
I would have thought the reverse at current prices, good time to buy.
-
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Reply With Quote
Bookmarks