-
18-07-2019, 11:25 AM
#1871
Originally Posted by JAYAY
Are these figures for real. P E 50, EPS .095, Yield 5.1%. (5.1% of $4.80 = .24 c)
How can this be?
Fundamental
P/E |
50.000 |
EPS |
$0.095 |
NTA |
$1.720 |
Gross Div Yield |
5.130% |
Securities Issued |
2,563,000,000 |
These are off the NZX, right?
Without referring to annual reports...….MEL would pumping out huge free-cashflows (EBIT - tax + depreciation - change in working capital - capex). This would account for their dividend % compared to the EPS, and the PE ratio (which would be say $4.80/$0.095).
NTA would be based on the book value of their assets, and largely irrelevant. Not sure what the depreciation rate would be but those dams should be there for a long, long time - with not a huge amount of capex. Gives a value of about $4.4b for their assets - the replacement value would be much, much, much more than that.
Last edited by Sideshow Bob; 18-07-2019 at 12:37 PM.
-
07-08-2019, 04:57 PM
#1872
Member
double rate cut causing big increases?
-
09-08-2019, 12:40 PM
#1873
Member
Looks like this going over $5 soon!
-
09-08-2019, 12:48 PM
#1874
Originally Posted by stealthmaster
Looks like this going over $5 soon!
Yes, it was always on just matter of when not if.
-
09-08-2019, 01:13 PM
#1875
Originally Posted by stealthmaster
Looks like this going over $5 soon!
Chasing yield at any cost is a recipe for a severe skunking at some point. PS-Learnt this lesson myself a few times.
-
09-08-2019, 02:16 PM
#1876
Go the chasers, triple bag plus holder here sitting comfortably.
-
09-08-2019, 04:28 PM
#1877
Originally Posted by couta1
Chasing yield at any cost is a recipe for a severe skunking at some point. PS-Learnt this lesson myself a few times.
I don't think a case of any cost mate. 10 year Govt stock rate is only ~ 1.2% and interest rates around the world are looking like staying ultra low for as far as possibly foreseeable, perhaps more than a decade. In that context ~ 5% gross yield from an ultra low risk utility is pretty good.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
09-08-2019, 04:40 PM
#1878
Originally Posted by Beagle
I don't think a case of any cost mate. 10 year Govt stock rate is only ~ 1.2% and interest rates around the world are looking like staying ultra low for as far as possibly foreseeable, perhaps more than a decade. In that context ~ 5% gross yield from an ultra low risk utility is pretty good.
Not for me I'm very happy with my only current divvy stock being HLG with avg price of $3.50.
-
09-08-2019, 05:17 PM
#1879
Originally Posted by couta1
Not for me I'm very happy with my only current divvy stock being HLG with avg price of $3.50.
I am getting this strong sense of Deja vu...so had a look back and sure enough we've discussed this before, see posts 1805 and 1806. We'd both be forgiven for having forgotten though, there's been a heck of a lot going on since May.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
09-08-2019, 05:23 PM
#1880
Originally Posted by Beagle
I am getting this strong sense of Deja vu...so had a look back and sure enough we've discussed this before, see posts 1805 and 1806. We'd both be forgiven for having forgotten though, there's been a heck of a lot going on since May.
Groundhog day mate and yep a lot has gone on, still a 13% plus gross divvy yield is worth comparing more than once.
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
|
|
Bookmarks