I do not think that the value of future payments need to be discounted by all that much in comparison to cash. Sure, there is always a risk that a debtor won't pay or that inflation will break out, but I reckon any business worth it's salt allows for some flexibility in allowing for such adjustments.
To achieve the kind of analysis required to understand the value of WIP would involve getting into the nitty gritty of WIP valuation itself. In my mind SHJ have done a great job in handling this now given everything going on over at SGH. Not only that, SHJ's relatively low levels of debt means it is able to withstand a shock and that the business will continue to grow moving forward.
Ann: Market Guidance, page-66
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Last
71.0¢ |
Change
0.010(1.43%) |
Mkt cap ! $123.0M | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 71.0¢ | 70.5¢ | $1.773K | 2.506K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35154 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 33433 | 4 |
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| Last trade - 15.33pm 24/07/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |