I’m not going to be negative but I’d really like to know why anyone would buy CAJ tomorrow. Personally I’d be selling all I owned. Net profit up 51% on last year ( 1st half 13/14 ) but share price has more than doubled over the same period. Based on current financials they are on a PE of 53. To get to a PE of say 26 / 27 they will have to double their profit which I just can’t see happening. So as far as I’m concerned the share price is a couple years ahead of themselves. The main thing that impressed was they have a nice clean balance sheet, no issues there.
Ann: Interim Financial Report and ASX Appendix 4D, page-2
Add CAJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.0¢ |
Change
0.015(5.08%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.8¢ | 30.5¢ | $2.537M | 8.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1640 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 33457 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |