At another place somebody said www.simplywall.st has the value of Synlait future cash flows at $27.28
Wow
"In short, the circumstances of time, context and perspective are like delicate filaments that connect the economic actor to the world. We risk destroying these filaments with too many aggregates, abstractions and models divorced from reality. " (https://www.econlib.org/library/Columns/y2010/Borderssubjectivity.html)
"In short, the circumstances of time, context and perspective are like delicate filaments that connect the economic actor to the world. We risk destroying these filaments with too many aggregates, abstractions and models divorced from reality. " (https://www.econlib.org/library/Columns/y2010/Borderssubjectivity.html)
Nice quote hector
Some might say that using P/E ratios to value stocks is rather abstract and divorced from reality
At the top of every bubble, everyone is convinced it's not yet a bubble.
If the new CEO gave a very conservative growth outlook given it is his first year, it is possible that SML gives an excellent result for the last HY and given the ATM's fantastic result, I don't see why this should not be possible. But I have to admit that ATM's valuation will always be much higher than SML's valuation due to different nature of business.
Bookmarks